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Sale Of Assets

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 AccountancyOther things remaining the same, which of the following events will increase the profit on realisation?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhen, on dissolution of a partnership firm, all assets are sold immediately for cash, what will be the immediate effect?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, on selling an asset, on which side of the Realisation Account is the sale proceeds recorded?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyIf an incorrect sale price is recorded instead of the actual sale proceeds of an asset in the Realisation Account at the time of dissolution, what will be the main effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution, if the sale consideration of an asset has not yet been received, how is it treated in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyDuring the dissolution of a firm, when the remaining assets are sold for cash, what is the effect on the cash/bank balance?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, how is the amount received from the sale of assets recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert 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 AccountancyAt the time of dissolution, machinery with a book value of ₹8,000 is sold for ₹6,000. What will be recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyIn the Realisation Account, if all assets with a book value of ₹20,000 are sold for ₹25,000, what will be the result?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyWhen an asset is sold above its book value at the time of dissolution, what will be recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyDuring the dissolution of a partnership firm, in which account is the profit or loss arising from the sale of an asset initially recorded?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution of a partnership firm, if a machine having a book value of ₹9,000 is sold for ₹7,000, what will be recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyIn the dissolution of a partnership firm, in which account is the profit arising from the sale of an asset determined?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution of a partnership firm, what is the effect of the sale of assets on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyOn the dissolution of a partnership firm, on which side of the Realisation Account is the profit arising from the sale of an asset recorded?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution of a partnership firm, when an asset is sold for cash, on which side of which account is the sale proceeds recorded?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyOn dissolution of a partnership firm, settlement of liabilities resulted in a gain of ₹7000, while the sale of assets resulted in a loss of ₹2500. What will be the net result?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert