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Partner Accounts

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

AccountancyHow are a partner's private assets and private liabilities treated in the firm's accounts on dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf A is to receive ₹10000 for realisation and it includes expenses. A paid expenses of ₹3000. How much will be credited to A's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf remuneration includes all realisation expenses and the partner pays those expenses himself then what separate amount will the firm pay?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyA is entitled to ₹7000 remuneration for realisation work and he paid no expenses. What will happen in A's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf remuneration is payable to a partner for realisation work then what is done in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf C pays realisation expenses of ₹4000 on behalf of the firm then what will be recorded in C's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyWhat is the correct effect when a partner pays realisation expenses on behalf of the firm?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf B takes over a creditor of ₹25000 then how much will be credited to B's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf a partner takes over a firm's liability then what is recorded in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf A takes over machinery worth ₹18,000, what is the effect on A’s Capital Account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyAn asset taken over by a partner on dissolution is recorded on which side of that partner's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyAccording to the Garner v. Murray rule, if the final capitals of solvent partners A and B are ₹40,000 and ₹60,000 respectively, and partner C has a deficiency of ₹20,000, how much of this deficiency will be borne by partner A?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyUnder Garner vs Murray rule the capital deficiency of an insolvent partner is generally borne in which ratio?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyGarner vs Murray rule is related to which situation?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf B's capital account has a debit balance of ₹12000 then what does it mean on dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf A’s Capital Account has a credit balance of ₹60,000 and A’s share of realisation loss is ₹15,000, what is the final amount payable to A?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyWhat does a credit balance in a partner’s loan account represent at the time of dissolution of the firm?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIn fixed capital method what is done with current account balances at dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf A and B share profits in 5:3 and realisation loss is ₹48000 then how much will be debited to B's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf A and B share profits in 3:2 and realisation profit is ₹50000 then how much will be credited to A's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium