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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।

AccountancyB takes over bills payable of ₹30000 at ₹26000. What happens in B's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium 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 AccountancyA computer has book value ₹24000 and A takes it over at ₹18000. How much will be debited to A's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyWhen a partner takes a firm's asset at an agreed lower value on dissolution which amount is recorded in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyB gives his private car valued at ₹40000 to pay firm's creditors. What happens in B's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf a partner brings his private asset for firm payment then what is the effect on his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyA's private liability of ₹11000 is paid by the firm. What will be recorded in A's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf the firm pays a partner's private liability on dissolution then what happens in the partner's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyWhich item debited to capital account on dissolution reduces the amount payable to a partner?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyWhich item credited to capital account on dissolution increases the amount payable to a partner?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf a partner's capital account shows credit balance but he has also taken a separate loan from the firm then what is generally done first?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf bank balance is not sufficient before final capital payment on dissolution then which payment gets priority before capital?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyPartner C's capital account has a debit balance of ₹7,000, while the current account has a credit balance of ₹2,000. What final debit balance will result when the two accounts are combined?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyB's capital is credit ₹18000. B's current account is debit ₹3000 and share of realisation profit is ₹5000. What is final balance?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf A's capital is credit ₹25000 and A is entitled to realisation commission ₹4000 but takes an asset of ₹6000 then what is final balance?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf a solvent partner's final capital is zero then under Garner vs Murray how much deficiency will he bear?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyAn insolvent partner’s deficiency is to be borne by the solvent partners in the ratio of their final capitals. The final capitals of solvent partners A and B are ₹30,000 and ₹70,000, respectively, and the insolvent partner’s deficiency is ₹15,000. How much of this deficiency will partner B bear?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyUnder Garner vs Murray rule which items are adjusted before finding final capitals of solvent partners?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf no amount is received from an insolvent partner how is his capital deficiency settled?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyC's capital is debit ₹10000 and he can pay only ₹4000. What is the remaining deficiency?Class 12Dissolution of a Partnership FirmPartner AccountsEasy