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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।

AccountancyOn dissolution, what effect does drawings account balance have on partner's capital?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyA partner's capital account has a credit balance of ₹30,000, and the partner owes a loan of ₹5,000 to the firm. What is the net payment to the partner?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner owes a loan to the firm, how is it treated in final settlement?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf the loan payable to a partner is ₹20,000, in which account will it be shown?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyWhy can a partner's loan account be paid before capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyAt the time of dissolution, how is the credit balance of a partner’s current account transferred to the capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution, additional cash contributed by a partner to the firm is recorded on which side of his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner takes liability of eleven thousand rupees and also takes an asset of four thousand rupees, what is the net effect?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyA partner takes over stock valued at ₹8,000 and also pays ₹2,000 cash to the firm. What is the net effect in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy 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 AccountancyIf a partner takes over a machine worth twenty thousand rupees and pays no cash, what happens in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf two partners share in the ratio one is to three and realisation loss is sixteen thousand rupees, how much loss will the first partner bear?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyK and Kh share profits and losses in the ratio 5:3. If the realisation profit is ₹32,000, how much will Kh receive?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf A and B are partners sharing profits equally and the firm’s general reserve is ₹14,000, what amount will be transferred to A’s Capital Account at the time of dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution, accumulated losses are recorded on which side of partners' capital accounts?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution, accumulated profits are recorded on which side of partners' capital accounts?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner takes responsibility to pay outstanding rent of the firm, what happens in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner takes goods from the firm for personal use, what happens in the capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution of a partnership firm, what does a debit balance in a partner's capital account indicate?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution of a partnership firm, what does a credit balance in a partner's capital account indicate?Class 12Dissolution of a Partnership FirmPartner AccountsEasy