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Partner Settlement

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

AccountancyOn dissolution of the firm, when cash is received from a partner, what entry is made in the Cash Account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn the dissolution of a partnership firm, a partner’s final amount due is paid through the bank. How will this transaction affect the Bank Account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyA partner's capital account has a credit balance of ₹18,000 and the realisation profit is ₹6,000. What is the new balance?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyA partner's capital account has a credit balance of ₹20,000 and the realisation loss is ₹5,000. What balance remains?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner’s Capital Account already shows a debit balance, what does it indicate on dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyAfter realization of assets and payment of external liabilities and dissolution expenses, what does the final amount remaining in the Bank Account generally represent?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyWhen is the unpaid amount transferred to a loan account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyA deceased partner’s capital is ₹76,000, his share of goodwill is ₹14,000, and his share of profit up to the date of death is ₹10,000. What will be the total amount payable to his legal representative?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyIn a firm, a deceased partner’s capital is ₹84,000 and the value of his share of the firm’s goodwill is ₹16,000. Based on these two items, what total amount will be credited to the deceased partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyWhich of the following items is credited to the deceased partner’s account when it has accrued up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyA total amount of ₹1,12,000 is due to a deceased partner. If an accumulated loss of ₹12,000 is to be adjusted against the partner’s share, what will be the net amount payable to the partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyWhy is the deceased partner’s share of profit earned up to the date of death credited to his account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyTo whom is the final amount due for a deceased partner’s share in the firm paid?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyThe total amount payable to a deceased partner is ₹95,000. If ₹15,000 has already been paid, what amount remains payable?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyA deceased partner’s capital is ₹60,000 and their share of goodwill is ₹10,000. Assuming there are no other adjustments, what total amount is payable to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy