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Realisation

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

AccountancyOn dissolution, profit sharing ratio is used to distribute which item?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIn which ratio is realisation profit or loss distributed in partners' capital accounts?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyWhat does a credit balance in a partner’s loan account represent at the time of dissolution of the firm?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyAt the time of dissolution, if a partner's capital account shows a final credit balance of ₹22,000, what will the firm do?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf dissolution expenses are paid in cash by the firm, what is the direct effect on partners' capital accounts?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf sale proceeds of an asset are directly paid to a creditor then what is the correct approach in Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyDebtors paid ₹29000 after discount of ₹1000 on dissolution. Book value of debtors was ₹32000. How much will be credited through Bank in Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhich item will not be transferred to Realisation Account on dissolution?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhy are book values of assets debited to Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAn asset is subject to a mortgage loan of ₹15000. The asset is sold for ₹50000 and the buyer takes over the loan. What cash receipt is considered in Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyJoint Life Policy appears at ₹30000 and ₹42000 is received. What is the effect in Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt dissolution debtors are ₹50000 and provision for doubtful debts is ₹4000. If debtors realise ₹46000 then what is the correct treatment?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyIf liabilities include partner's loan and trade creditors then which one is transferred to Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAn unrecorded asset was sold for ₹18000. How will it be shown in Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyA partner has to bear realisation expenses of ₹8000 and is to receive remuneration of ₹15000. How much will be debited to Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyOn dissolution, repayment of partners’ capital is made on what basis?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyAt dissolution an unrecorded asset is transferred to which side of Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyOn dissolution of a firm which account closing process is initiated first?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyWhen are the partners’ capital accounts closed on the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy