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Class 12 · Accountancy
→On dissolution of a partnership firm, if a liability with a book value of ₹50,000 is settled for ₹45,000, what will be the effect on the Realisation Account?
Class 12 · Accountancy
→At the time of dissolution, if all assets are realised at their book values and all liabilities are settled at their book values, with no realisation expenses, what will be the result in the Realisation Account?
Class 12 · Accountancy
→When, 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 12 · Accountancy
→At the time of dissolution of a partnership firm, an asset is sold for an amount higher than its book value. What will be the result in the Realisation Account?
Class 12 · Accountancy
→What will be the effect of an increase in the expenses recorded in the Realisation Account at the time of dissolution of a partnership firm?
Class 12 · Accountancy
→On dissolution of a partnership firm, on which side of the Realisation Account is the payment of a liability recorded?
Class 12 · Accountancy
→At the time of dissolution, if debtors realise ₹2,000 less than their book value, what will be the effect?
Class 12 · Accountancy
→At what value are assets taken in Realisation Account?
Class 12 · Accountancy
→At 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 12 · Accountancy
→When goodwill recorded in the books is transferred at the time of dissolution, on which side of the Realisation Account is it shown?
Class 12 · Accountancy
→Where is cash received recorded in Realisation Account?
Class 12 · Accountancy
→At 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 12 · Accountancy
→At the time of dissolution, all the liabilities of a firm have a book value of ₹12,000 and are settled for exactly ₹12,000. What effect will this have on the Realisation Account?
Class 12 · Accountancy
→On dissolution of a partnership firm, on which side of the Realisation Account is a realisation expense of ₹3,000 recorded?
Class 12 · Accountancy
→In the Realisation Account, a liability has a book value of ₹4,500 and is settled for ₹4,000. What is the result of this transaction?
Class 12 · Accountancy
→If the book value of debtors is ₹9,000 and ₹9,500 is realised from them, what result will be recorded in the Realisation Account?
Class 12 · Accountancy
→In the Realisation Account, if all assets with a book value of ₹20,000 are sold for ₹25,000, what will be the result?
Class 12 · Accountancy
→What is the final result of the Realisation Account when a partnership firm is dissolved?
Class 12 · Accountancy
→At the dissolution of a partnership firm, which account is prepared to determine the profit or loss arising from the realisation of assets and settlement of liabilities?
Class 12 · Accountancy
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