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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।

AccountancyWhich of the following transactions is not recorded in the Realisation Account at the time of dissolution of the firm?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, in which account is the cash sale of an asset recorded on the credit side?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, an external liability is settled for an amount lower than its book value. What will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution of a firm, which of the following accounts is transferred first to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, what accounting effect occurs if a partner takes a firm asset for personal use?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, how are unrecorded liabilities treated in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyWhat is the primary final purpose of the Realisation Account at the time of dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyWho prepares the Realisation Account at the time of dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, if the total cash payments made for discharging liabilities and paying realisation expenses exceed the cash received from the realisation of assets, what will be the result in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, if the cash realised from the sale of assets is more than their book value, what will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyWhat is the final result of the Realisation Account on the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyNature of Realisation Account isClass 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, through which account is a loan advanced by a partner to the firm generally paid?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyThe Realisation Account is based on which accounting principle?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyIn which account are unrecorded assets recorded at the time of their realisation?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyOn dissolution of a partnership firm, to which account is the profit shown by 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 AccountancyThe cash flow recorded in the Realisation Account mainly relates to which transactions?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, if all assets are sold at their book values and there are no other adjustments, what will be the effect in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, when a partner agrees to take over a firm's liability, which accounting treatment is correct?Class 12Dissolution of a Partnership FirmRealisation AccountMedium