Search questions
Use text search or combine filters to find exactly the questions you need.
Class 12 · Accountancy · Expert
→On the dissolution of a firm, to which side of the Realisation Account is goodwill recorded when it appears in the books?
Class 12 · Accountancy · Expert
→At the time of closing the firm, a profit of ₹21,000 is to be distributed among three partners in the ratio 1:1:1. What will be each partner’s share of profit?
Class 12 · Accountancy · Expert
→At the time of dissolution, a profit of ₹42,000 is to be distributed equally among three partners. What share of the profit will each partner receive?
Class 12 · Accountancy · Expert
→At the time of dissolution, an unrecorded asset of the firm was realised for ₹5,000. What will be the accounting effect?
Class 12 · Accountancy · Expert
→At the time of dissolution, the firm incurred a loss of ₹18,000. If the two partners share profits and losses in the ratio of 1:2, how much of the loss will the second partner bear?
Class 12 · Accountancy · Expert
→At the time of dissolution of a firm, who generally bears the realisation expenses?
Class 12 · Accountancy · Expert
→On dissolution of the firm, when stock is transferred to the Realisation Account at its book value, on which side is it recorded?
Class 12 · Accountancy · Expert
→On dissolution of the firm, a loss of ₹24,000 is incurred. If the partners’ loss-sharing ratio is 1:1:2, what will be the third partner’s share of the loss?
Class 12 · Accountancy · Expert
→The book value of a firm's debtors was ₹60000, but only ₹54000 was realised from them at the time of dissolution. What is the loss on debtors?
Class 12 · Accountancy · Expert
→If a machine is sold for ₹42,000 against its book value of ₹50,000 and an expense of ₹2,000 is incurred on its sale, what will be the net effect on the Realisation Account?
Class 12 · Accountancy · Expert
→An unrecorded asset was realised for ₹12,000. If the asset had a book value of zero, what will be its accounting effect at the time of dissolution?
Class 10 · Mathematics · Easy
→The legs of a right triangle are x cm and (x + 12) cm, and the hypotenuse is 60 cm. What is the value of x?
Class 12 · Accountancy · Expert
→If the only realisation expense is ₹4,200 and there is no other difference, what will be the result in the Realisation Account?
Class 12 · Accountancy · Expert
→At the time of dissolution, a firm incurred a loss of ₹45,000. If this loss is to be shared between two partners in the ratio 4:5, what will be the second partner’s share of the loss?
Class 12 · Accountancy · Expert
→At the time of dissolution, a liability of ₹33,000 was settled for ₹31,900. What is the gain on this settlement?
Class 12 · Accountancy · Expert
→At the time of dissolution, into which account is the goodwill already recorded in the books transferred?
Class 12 · Accountancy · Expert
→After dissolution, a profit of ₹49,000 is to be distributed between the partners in the ratio 6:1. What will be the smaller partner’s share of the profit?
Class 12 · Accountancy · Expert
→At the time of dissolution of the firm, an unrecorded liability of ₹7,600 was paid. What will be the effect of this transaction?
Class 12 · Accountancy · Expert
→At the time of dissolution, the total debit of the Realisation Account is ₹1,94,000 and its total credit is ₹1,86,000. What will be the result of the account?
Class 12 · Accountancy · Expert
→