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Partnership Accounts

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, A, B and C share profits in the ratio 3:4:5. If the realisation profit is ₹24000, what amount of profit will be received by C?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyWhat is the primary purpose of the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution, the Realisation Account has total credits of ₹95,000 and total debits of ₹1,02,000. What will be the result for the firm?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyIf the Realisation Loss on dissolution of the firm is ₹12,000 and the profit-sharing ratio is 5:3, how much loss will be borne by the first partner?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyAt the time of dissolution of a partnership firm, in the absence of any specific agreement, in which ratio is the reserve fund distributed among the partners?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyAt the dissolution of a firm, the Realisation Account has total debits of ₹1,20,000 and total credits of ₹1,28,000. What result will be obtained from this account?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyWhat is the ultimate objective of dissolving a partnership firm?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyOn which side of the Realisation Account will ₹3,500 received from the sale of an unrecorded asset be recorded?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyAt the time of dissolution, how is goodwill already recorded in the firm’s books classified?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyWhy is the existence of a firm considered terminated after dissolution?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyIf the total profit recorded in the Realisation Account is ₹15,000 and the profit-sharing ratio of the first and second partners is 3:1, what share of the profit will the second partner receive?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyAt the dissolution of a firm, in what ratio is the reserve fund generally distributed among the partners’ capital accounts?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyA and B share profits in the ratio 4:1. On dissolution of the firm, the Realisation Account shows a profit of ₹25,000. What will be A’s share?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyIf the debit side of the Realisation Account is ₹98,000 and the credit side is ₹1,05,000, what will be the result of the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyThe total loss in the Realisation Account is ₹12,000. If the two partners share the loss in the ratio of 1:2, what amount of loss will be borne by the second partner?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyDuring the dissolution of a firm, what is generally the final balance of the bank account after realizing all assets, paying all liabilities, and settling the partners’ accounts?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyIf the total credit side of the Realisation Account is ₹90,000 and the total debit side is ₹84,000, what will be the result on dissolution of the firm?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyIf an unrecorded asset is sold for ₹7,000, which entry will be made in the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyAt the time of dissolution of a firm, which of the following payments is not treated as a realisation expense?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyIf a partner pays the realisation expenses from personal funds and does not claim reimbursement from the firm, which entry will be passed in the firm’s books?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium