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Liability Takeover

Class 12 Accountancy के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

AccountancyIf a partner takes over a liability at an amount lower than book value then which amount is credited to capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf a partner takes over outstanding expenses of ₹6,000, what will be recorded in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyAt the time of dissolution, if a partner takes over a liability of the firm, what entry is made in that partner’s Capital Account?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution, a partner took over an asset valued at ₹32,000 and a liability of ₹7,000. What will be the net effect on the partner’s capital account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyWhen a partner takes over a firm’s liability, what is the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyAt the time of dissolution, if a partner takes over an asset valued at ₹7,000 and a liability of ₹7,000, what will be the net effect on the partner’s capital account?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium