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Partners Capital Accounts

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, if a profit arises from the sale of an asset, to which account is it transferred?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyIf all entries in the Realisation Account are correct but the realisation profit is distributed among the partners in the wrong ratio, what will be the result?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyFinal stage isClass 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAfter the Realisation Account has been closed, how is an error or omitted item generally rectified?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of a firm, to which account is the profit or loss arising from the Realisation Account ultimately transferred?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyFinal balance is transferred toClass 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, if all assets and liabilities are recorded correctly but the final adjustment in the Realisation Account is made incorrectly, what will be the result?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyIf the transfer of assets and liabilities is recorded correctly but an adjustment in the Realisation Account is made incorrectly, what will be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyIf the profit or loss on realisation is calculated incorrectly, what will be directly affected at the time of dissolution?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution, if more than the entitled share of Realisation Account profit is transferred to one partner’s capital account, what will be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyDuring the dissolution of a partnership firm, if an asset is transferred to the wrong partner and its value is also recorded in that partner’s capital account, what will be the consequence?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAfter the Realisation Account has been closed and its profit or loss has been transferred to the partners’ accounts, in which account is an error found in it generally rectified?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyWhat is generally the final step in closing the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyOn dissolution of a partnership firm, what is the effect of a loss in the Realisation Account on the partners’ capital accounts?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyDuring the dissolution of a firm, when are the partners’ capital accounts generally closed?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyOn dissolution of a partnership firm, how is a Realisation Account loss treated?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyTo whose accounts is the profit or loss arising from the Realisation Account transferred?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution of a partnership firm, what is recorded as the final entry in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyOn dissolution of a partnership firm, in which account is the loss arising from the Realisation Account adjusted?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyOn dissolution of the firm, to which account is the loss arising in the Realisation Account transferred?Class 12Dissolution of a Partnership FirmRealisation AccountMedium