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Class 12 · Accountancy
→On dissolution of a firm, what will be the result if the total amounts on the credit side and debit side of the Realisation Account are equal?
Class 12 · Accountancy
→Which item is not included?
Class 12 · Accountancy
→At the time of dissolution, what is the result if the amount realised from an asset is more than its book value?
Class 12 · Accountancy
→What does the balance of the Realisation Account indicate?
Class 12 · Accountancy
→At the time of dissolution, a liability is settled for an amount lower than its book value. What will be the effect on the Realisation Account?
Class 12 · Accountancy
→How is the bank balance recorded in the Realisation Account?
Class 12 · Accountancy
→On dissolution of a partnership firm, what effect does a loss in the Realisation Account have on the partners’ capital?
Class 12 · Accountancy
→At the time of dissolution, which accounts are transferred to the Realisation Account for closure?
Class 12 · Accountancy
→In the Realisation Account of a partnership firm, what is the result when total receipts exceed total payments?
Class 12 · Accountancy
→At the time of dissolution of a partnership firm, if creditors are paid more than the amount due to them, what will this be treated as?
Class 12 · Accountancy
→If debtors with a book value of ₹10,000 realise only ₹9,000, what will be the effect on the Realisation Account?
Class 12 · Accountancy
→If realisation expenses decrease, with all other factors remaining unchanged, what will be the effect on the Realisation Account?
Class 12 · Accountancy
→Which items are generally recorded in the Realisation Account prepared on the dissolution of a firm?
Class 12 · Accountancy
→If an asset is sold for more than its book value, what will be recorded in the Realisation Account?
Class 12 · Accountancy
→Type of Realisation Account?
Class 12 · Accountancy
→What is the result when the profit and loss amounts in the Realisation Account are equal?
Class 12 · Accountancy
→At the time of dissolution of a partnership firm, on which side of the Realisation Account is the payment of liabilities recorded?
Class 12 · Accountancy
→At the time of dissolution of a partnership firm, if no amount is realised from an asset, what will be its effect on the Realisation Account?
Class 12 · Accountancy
→To which account is the profit or loss arising from the Realisation Account transferred?
Class 12 · Accountancy
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