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Partner Loan

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

AccountancyAt the time of dissolution of a partnership firm, whose payment has the next priority after external liabilities are paid?Class 12Dissolution of a Partnership FirmClosing the BusinessLevel 41Expert AccountancyAt the time of dissolution of a firm, which of the following is generally not transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessLevel 41Expert AccountancyOn dissolution of a firm, in which order is a partner’s loan paid?Class 12Dissolution of a Partnership FirmClosing the BusinessLevel 42Hard AccountancyOn dissolution of a partnership firm, a partner’s loan is repaid before which of the following?Class 12Dissolution of a Partnership FirmClosing the BusinessLevel 41Hard AccountancyAt the time of dissolution, after whose claim is a partner’s loan settled?Class 12Dissolution of a Partnership FirmClosing the BusinessLevel 42Medium AccountancyIn what order is a partner’s loan paid during the dissolution of a firm?Class 12Dissolution of a Partnership FirmClosing the BusinessLevel 40Hard AccountancyWhen is a partner’s loan repaid relative to external liabilities?Class 12Dissolution of a Partnership FirmClosing the BusinessLevel 41Medium AccountancyWhich of the following items is not transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessLevel 41Medium AccountancyUpon dissolution of a partnership firm, which of the following claims is settled last out of the amount realised from the firm’s assets?Class 12Dissolution of a Partnership FirmClosing the BusinessLevel 41Medium AccountancyOn dissolution of a partnership firm, under which category is the balance of a partner’s loan account treated?Class 12Dissolution of a Partnership FirmClosing the BusinessLevel 40Medium AccountancyOn dissolution of a partnership firm, a partner’s loan is repaid before which of the following payments?Class 12Dissolution of a Partnership FirmClosing the BusinessLevel 40Medium AccountancyWhen interest is credited to a partner’s loan account, which of the following accounts is debited?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountLevel 36Expert AccountancyAn amount of ₹1,75,000 payable to a deceased partner is transferred to the partner’s loan account. On which side of the firm’s balance sheet will this amount be shown?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountLevel 36Expert AccountancyWhen interest on a partner’s loan becomes due before it is paid, on the basis of which accounting concept is it recognised?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountLevel 35Expert AccountancyWhen interest payable on a partner’s loan is paid in cash, on which side will the Cash Account be recorded in the journal entry?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountLevel 35Expert AccountancyWhen interest becomes payable on a partner’s loan, which account is credited in the journal entry?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountLevel 35Expert AccountancyTo which account is the interest payable on a retiring partner’s loan debited?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountLevel 35Expert AccountancyWhat is the most common expert-level mistake in a retiring partner loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountLevel 34Expert AccountancyWhat is the most important basis for calculating interest between installments?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountLevel 34Expert AccountancyWhy is interest on a retiring partner loan not treated as appropriation of profit?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountLevel 34Expert