Search questions
Use text search or combine filters to find exactly the questions you need.
Class 12 · Accountancy
→At the time of dissolution, if the cash realised from the assets is insufficient to pay the firm’s liabilities, what is done?
Class 12 · Accountancy
→At the time of dissolution, if all the firm’s assets are sold at their book values and there are no realisation expenses, what will be the result in the Realisation Account?
Class 12 · Accountancy
→At the dissolution of a partnership firm, at what value is an unrealised asset recorded in the Realisation Account?
Class 12 · Accountancy
→How are fictitious assets, such as preliminary expenses or the debit balance of the Profit and Loss Account, treated at the time of dissolution of a firm?
Class 12 · Accountancy
→At the dissolution of a firm, if the amount realised from assets is less than the payments made for liabilities and realisation expenses, what will be the result in the Realisation Account?
Class 12 · Accountancy
→What is the main purpose of transferring non-cash assets to the Realisation Account at the time of dissolution?
Class 12 · Accountancy
→In the dissolution of a partnership firm, in which account is the profit arising from the sale of an asset determined?
Class 12 · Accountancy
→During the dissolution of a firm, what is the main purpose of recording the proceeds from the sale of assets and the payment of liabilities and dissolution expenses in the Bank Account?
Class 12 · Accountancy
→At the time of dissolution of a firm, what is generally done with its unsold assets?
Class 12 · Accountancy
→At the dissolution of a partnership firm, which of the following items are recorded in the Realisation Account?
Class 12 · Accountancy
→In the Realisation Account, a credit balance of ₹3,000 remains after selling all assets and paying all liabilities. What does this indicate?
Class 12 · Accountancy
→On dissolution of a firm, to which account are the assets, except cash/bank balance, and external liabilities transferred?
Class 12 · Accountancy
→At the time of dissolution of a firm, if the non-cash 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, what is the effect of the sale of assets on the Realisation Account?
Class 12 · Accountancy
→On dissolution of a firm, which items are transferred to the Realisation Account?
Class 12 · Accountancy
→At the time of dissolution, to which account are all assets transferred, excluding cash/bank and fictitious assets?
Class 12 · Accountancy
→On dissolution of a partnership firm, on which side of the Realisation Account is cash received from the sale of assets recorded?
Class 12 · Accountancy
→On the dissolution of a partnership firm, on which side of the Realisation Account is the profit arising from the sale of an asset recorded?
Class 12 · Accountancy
→On dissolution of a firm, if the amount realised from the sale of assets is more than their book value and, after other adjustments, the credit side of the Realisation Account exceeds its debit side, what will be the result?
Class 12 · Accountancy
→