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Realisation Account

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

AccountancyIf, at the time of dissolution of a firm, a liability is omitted from the Realisation Account, what will happen to the profit shown by the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyOn dissolution of a partnership firm, how are cash and bank balances treated in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyDuring the dissolution of a firm, if an asset remains unsold for the time being, what is the appropriate treatment?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhy is the sale of assets recorded in the Realisation Account at the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, 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 AccountancyIf interest relating to the dissolution of the firm is paid, how is it recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, if the total debit balance of the Realisation Account exceeds its total credit balance, what will be the result?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of the firm, which of the following accounts is not transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyIf an asset is revalued before the dissolution of the firm and its revised value is recorded in the books, at which value will it be transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyDuring the dissolution of a firm, realisation expenses of ₹5,000 paid in cash were debited to a partner’s Capital Account instead of the Realisation Account. What will be the effect on the realisation profit?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of a partnership firm, if a partner brings additional capital in cash to meet the firm's liabilities, which account will be credited?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyOn dissolution of a partnership firm, which item is transferred first to the debit side of the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, if a partner takes over an asset at zero value, what does this indicate?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhat is the main effect of incorrect valuation of assets or liabilities in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of a firm, what entry is made in the Realisation Account when a partial amount is received for an asset?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, on selling an asset, on which side of the Realisation Account is the sale proceeds recorded?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, if an external liability of the firm is waived by the creditor, what effect will it have on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, an unrecorded liability of ₹10,000 is discovered and paid in cash. What will be the accounting treatment?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyFinal balance is transferred toClass 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, if an asset has been recorded at an overstated book value and is realised at its actual value, what will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert