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Profit And Loss

Class 12 Accountancy के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

AccountancyIn the Realisation Account, what is the result when the sale proceeds of an asset are equal to its book value?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 AccountancyIf realisation expenses are recorded in the Realisation Account at an amount higher than the actual amount, what will be the final effect?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhat will be the effect if a liability is mistakenly recorded as an asset in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyIf an expense is recorded twice in the Realisation Account, what will be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyIf all entries in the Realisation Account are recorded on the opposite side, what will be the result?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the dissolution of a partnership firm, what will happen if bank charges are recorded in the Realisation Account at an incorrect amount?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution, if an external liability is mistakenly transferred twice to the Realisation Account, what will normally be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyIf all accounting errors in the Realisation Account are in the same direction, what will be their overall effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyOn dissolution of a partnership firm, if all transactions relating to the transfer and realisation of assets and the settlement of liabilities are recorded correctly in the Realisation Account, what will the balance of this account represent?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyDuring dissolution, if all entries relating to assets, liabilities, realisation proceeds and payments are recorded on the exact opposite sides of the Realisation Account, what will be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution, if a liability is mistakenly credited twice to the Realisation Account, what will be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyDuring the dissolution of a firm, an unrecorded liability is paid in cash, but the payment is not debited to the Realisation Account. What will be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyIf the totals of the debit and credit sides of the Realisation Account are equal, what is the result of realisation?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyOn dissolution of the firm, on what basis is profit determined in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhat is the final result of the Realisation Account on the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyWhen the realisation expenses on dissolution of a firm are lower than estimated, what will be the effect on the Realisation Account, assuming all other conditions remain the same?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyLiabilities recorded in the firm’s books at ₹10,000 are settled for ₹9,000. What will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution, the book value of machinery is ₹10,000 and it is sold for exactly ₹10,000. What effect will this transaction have in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyIn the Realisation Account, cash receipts are ₹20,000 and cash payments are ₹18,000. What is the result of these transactions?Class 12Dissolution of a Partnership FirmRealisation AccountEasy