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Partnership Dissolution

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, the accumulated loss is ₹42,000. If three partners share profits and losses equally, what amount will be debited to each partner’s Capital Account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf a partner's capital account has a debit balance of ₹9,000 and the partner pays ₹5,000 to the firm, what balance will remain in the account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn the dissolution of a partnership firm, if the solvent partners have equal capital balances, in what ratio will they bear the insolvent partner’s capital deficiency?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf the profit-sharing ratio is not given, how are profit or loss generally shared among the partners?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 AccountancyAt the time of dissolution, how is the credit balance of a partner’s current account transferred to the capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyAt the time of dissolution, if a partner settles a firm's liability using personal assets, what effect will this have on the partner's capital account?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 AccountancyPartners R and S share profits and losses in the ratio of 5:3. On dissolution of the firm, the Realisation Account shows a loss of ₹64,000. What amount will be debited to partner S’s Capital Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhen realisation expenses are paid by a creditor instead of through the bank and the amount is adjusted against the creditor’s claim, what is the correct accounting entry?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyOn what basis is profit or loss determined in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhat is the main objective of the Realisation Account of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, if an asset is realised for an amount equal to its book value, what result will be recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, if all external liabilities are paid in full, what will be the result in relation to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, if a partner personally bears the realisation expenses without claiming reimbursement from the firm, what entry will be passed in the books?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyHow are expenses recordedClass 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyIn the Realisation Account, what does it indicate when a partner takes over an asset at zero value?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of a firm, if a creditor allows a discount on the amount due, what will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhen an unrecorded liability is discovered and paid during the dissolution of a firm, what effect will it have on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert