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Realisation Profit

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

AccountancyAt the time of dissolution of a partnership firm, if all its assets are sold for more than their book values, what will be recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyWhen, at the time of dissolution, the firm’s assets are sold for an amount higher than their book value, what will be the result in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution, an asset has a book value of ₹10,000 and is sold for exactly ₹10,000. What will be the effect of this transaction in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution of a partnership firm, if an asset is sold for an amount equal to its book value, what will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyIf debtors are realised for ₹4,000 more than their book value, what will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyIn the Realisation Account prepared at the time of dissolution, what is the result if total receipts exceed total payments?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyIn the Realisation Account, an asset with a book value of ₹10,000 is sold for ₹12,000. What is the effect of this transaction?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyOn dissolution of a partnership firm, if total receipts in the Realisation Account equal total payments, what will be the result of the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyOn dissolution of a firm, if the amount realised from the sale of assets is more than their book value and, after other adjustments, the credit side of the Realisation Account exceeds its debit side, what will be the result?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyWhat can be the final result of the Realisation Account prepared at the time of dissolution of a firm?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 AccountancyAt the time of dissolution, assets with a book value of ₹90,000 were sold for ₹98,000. What is the realisation profit on the sale of the assets?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyOn dissolution of a partnership firm, the realisation profit is ₹36,000 and the profit-sharing ratio of the three partners is 5:4:3. What will be the second partner’s share of the profit?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution, if the debit side of the Realisation Account is ₹1,85,000 and the credit side is ₹2,01,000, what will be the result of the account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyIf the realisation profit on dissolution of a partnership firm is ₹16,000 and the partners’ profit-sharing ratio is 3:1, how much of the profit will be credited to the second partner?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyUpon dissolution of a partnership firm, a realisation profit of ₹27,000 is to be distributed between the partners in the ratio of 1:2. What will be the first partner’s share of the profit?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyWhat does a credit balance in the Realisation Account indicate?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyIn which of the following situations will no profit on realisation arise?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyOn the dissolution of a partnership firm, if the total credit of the Realisation Account is ₹86,000 and the total debit is ₹81,500, what is the realisation profit?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyOn what basis is profit on realisation determined?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium