Search questions
Choose which content to search, then combine terms with AND or OR.
Class 12 · Accountancy · Easy
→After realising all assets, paying liabilities and settling the partners’ accounts, what is the final accounting task in the dissolution of a partnership firm?
Class 12 · Accountancy · Easy
→At the dissolution of a partnership firm, assets are generally converted into what?
Class 12 · Accountancy · Easy
→Which account is prepared to ascertain the profit or loss on dissolution of a partnership firm?
Class 12 · Accountancy · Easy
→At the time of dissolution of the firm, if total receipts are ₹30,000 and total payments are ₹20,000, what will be the remaining cash balance?
Class 12 · Accountancy · Easy
→After the dissolution of a partnership firm, which relationship among all the partners comes to an end?
Class 12 · Accountancy · Easy
→At the time of dissolution of a partnership firm, a liability of ₹9,000 is paid. What does this represent?
Class 12 · Accountancy · Easy
→What is the main function of the cash and bank accounts at the time of dissolution of a partnership firm?
Class 12 · Accountancy · Easy
→On dissolution of the firm, the partners’ final claims are settled mainly on the basis of which account?
Class 12 · Accountancy · Easy
→If a partnership firm’s furniture is sold for ₹7,000 in cash, by how much will the firm’s cash increase?
Class 12 · Accountancy · Easy
→On which side of the Realisation Account is cash received from the sale of assets recorded?
Class 12 · Accountancy · Easy
→What is the final objective of closing a partnership firm?
Class 12 · Accountancy · Easy
→At the time of dissolution of a partnership firm, what is the ₹20,000 received from the sale of assets called?
Class 12 · Accountancy · Easy
→Which account is temporarily prepared at the dissolution of a firm to determine the profit or loss arising from the realisation of assets and settlement of liabilities?
Class 12 · Accountancy · Easy
→In the dissolution of a firm, after paying the external liabilities, to whom is the next payment made if any amount is still due?
Class 12 · Accountancy · Easy
→In which ratio is the profit arising on dissolution of a partnership firm distributed among the partners?
Class 12 · Accountancy · Easy
→If stock is sold for ₹5,000, what amount will be credited to the Realisation Account?
Class 12 · Accountancy · Easy
→What is done with the books of account when a partnership firm is dissolved?
Class 12 · Accountancy · Easy
→At the dissolution of a partnership firm, after paying liabilities and dissolution expenses, the remaining final cash is ultimately related to the settlement of which account?
Class 12 · Accountancy · Easy
→Who operates the firm’s ordinary business after the dissolution of the firm?
Class 12 · Accountancy · Easy
→