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Partner Capital Account

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

AccountancyOn dissolution, which item will be recorded on debit side and not credit side of capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf, at the time of dissolution, a partner’s capital account has a debit balance of ₹11,000, what does it indicate?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyAt the time of dissolution, when the partner is paid the final amount through the bank, what effect does this have on the bank account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyAt the time of dissolution, a partner’s capital account has a credit balance of ₹12,000, and the full amount of ₹12,000 is paid to the partner. What will be the status of the partner’s capital account after this payment?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution of the firm, if a partner takes over an unrecorded tax liability, what will happen to the partner’s capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution, if a partner takes over an unrecorded investment, what entry is made in the partner’s capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf interest on drawings is receivable by the firm, which entry will be made in the partner’s 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 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 of a partnership firm, what does a credit balance in a partner's capital account indicate?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyAt the time of dissolution, if a partner’s capital account has a debit balance of ₹3,000 and the partner pays ₹3,000 in cash, what will be the final balance of the account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyAt the time of dissolution, if a partner's capital account shows a final credit balance of ₹22,000, what will the firm do?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyAt the time of dissolution, if a partner takes over assets valued at more than the credit available in his Capital Account, how will the excess value be accounted for?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution, if the required entry for an asset taken over by a partner—debiting the partner’s Capital Account and crediting the Realisation Account—is not passed, what will be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution, if a partner pays a firm’s liability out of personal funds, which journal entry should be passed?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution of a partnership firm, if a partner brings additional capital in cash to meet the firm's liabilities, which account will be credited?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of a partnership firm, if a partner takes over an asset in kind instead of paying cash, what will be the accounting effect?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, if a partner takes over an unsold asset of the firm at an agreed value, what will be the accounting treatment?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhen a partner pays the realisation expenses from personal funds on behalf of the firm, what is the correct effect of the accounting entry?Class 12Dissolution of a Partnership FirmRealisation AccountExpert