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Class 12 · Accountancy
→If both assets and liabilities are fully settled in Realisation Account what is the final result
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, and the total value of assets equals the total value of liabilities, what will be the result in the Realisation Account?
Class 12 · Accountancy
→At the time of dissolution, if an asset has not yet been sold, at what value is it transferred to the Realisation Account?
Class 12 · Accountancy
→At the time of dissolution, if the total cash payments made for discharging liabilities and paying realisation expenses exceed the cash received from the realisation of assets, what will be the result in the Realisation Account?
Class 12 · Accountancy
→At the time of dissolution, if the cash realised from the sale of assets is more than their book value, what will be the effect on the Realisation Account?
Class 12 · Accountancy
→In which account are unrecorded assets recorded at the time of their realisation?
Class 12 · Accountancy
→At the time of dissolution, if all assets are sold at their book values and there are no other adjustments, what will be the effect in the Realisation Account?
Class 12 · Accountancy
→What is the main purpose of the Realisation Account at the dissolution of a firm?
Class 12 · Accountancy
→What is the usual treatment of an unsold asset at the time of dissolution of a firm?
Class 12 · Accountancy
→At 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 12 · Accountancy
→At the time of dissolution of a partnership firm, if all its assets are sold for more than their book values, what will be recorded in the Realisation Account?
Class 12 · Accountancy
→When an unrecorded asset is realised during the dissolution of a partnership firm, in which account is the amount received recorded?
Class 12 · Accountancy
→What is the correct priority order for distributing the amount realized from assets on the dissolution of a firm?
Class 12 · Accountancy
→At the time of dissolution of a partnership firm, to which side of the Realisation Account are assets other than cash and bank balances transferred?
Class 12 · Accountancy
→At which side of the Realisation Account are assets other than cash and bank balance transferred at their book value?
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 what value are assets taken 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
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