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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।

AccountancyOn dissolution of a partnership firm, the loss on realisation is ₹16,000. If the two partners share profits equally, what amount of loss will be debited to each partner’s capital account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyWhich of the following items is generally not transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution of a partnership firm, what is the result of selling an asset for ₹8,000 more than its book value?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyOn dissolution of the firm, the Realisation Account shows a profit of ₹27,000. If the three partners share profits and losses equally, what amount will be transferred to each partner’s Capital Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution, creditors were paid ₹5,000 more than the amount due to them. What does this excess payment represent?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution, an unrecorded asset is realised for ₹9,000 and an unrecorded liability of ₹3,000 is paid. What will be the net effect on the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution, a partnership firm earns a profit of ₹33000. If the profit is distributed among the partners in the ratio 1:2:3, what will be the third partner’s share?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution of a partnership firm, how is the existing bank balance recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyOn dissolution of a partnership firm, realisation expenses of ₹1,000 were paid through the bank. Which account will be debited for this transaction?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution, an asset with a book value of ₹35,000 was sold for ₹30,000. What is the result of this transaction?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyWhat does the final balance of the Realisation Account prepared at the dissolution of a partnership firm indicate?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyOn dissolution of the firm, a liability recorded at ₹12,000 was settled for ₹12,000 less than its book value. What is the effect of this transaction on the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyOn the dissolution of a firm, to which side of the Realisation Account is goodwill recorded when it appears in the books?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution, debtors with a book value of ₹60,000 were realised for ₹45,000. What will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyWhat is the effect of an increase in realisation expenses during the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution of the firm, a machine having a book value of ₹90,000 was sold for ₹1,00,000. What profit arose from this transaction?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution, a profit of ₹42,000 is to be distributed equally among three partners. What share of the profit will each partner receive?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyWhich of the following is not transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the dissolution of a firm, creditors appearing in the books at ₹20,000 were settled by paying ₹22,000. What will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution, an unrecorded asset of the firm was realised for ₹5,000. What will be the accounting effect?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert