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Class 12 · Accountancy
→If B's capital account has a debit balance of ₹12000 then what does it mean on dissolution?
Class 12 · Accountancy
→If A’s Capital Account has a credit balance of ₹60,000 and A’s share of realisation loss is ₹15,000, what is the final amount payable to A?
Class 12 · Accountancy
→Payment of a partner’s loan on dissolution is generally recorded through which account?
Class 12 · Accountancy
→What does a credit balance in a partner’s loan account represent at the time of dissolution of the firm?
Class 12 · Accountancy
→In fixed capital method what is done with current account balances at dissolution?
Class 12 · Accountancy
→If A and B share profits in 5:3 and realisation loss is ₹48000 then how much will be debited to B's capital account?
Class 12 · Accountancy
→If A and B share profits in 3:2 and realisation profit is ₹50000 then how much will be credited to A's capital account?
Class 12 · Accountancy
→On which side is loss on realisation recorded in partners' capital accounts?
Class 12 · Accountancy
→On which side is profit on realisation recorded in partners' capital accounts?
Class 12 · Accountancy
→What is the main purpose of partners' capital accounts at the time of dissolution?
Class 12 · Accountancy
→If the final capital account is balanced, what does it mean?
Class 12 · Accountancy
→What is the final objective of preparing partners' capital accounts on dissolution?
Class 12 · Accountancy
→In a capital account, realisation loss and fictitious asset are both recorded on which side?
Class 12 · Accountancy
→In a capital account, realisation profit and general reserve are both recorded on which side?
Class 12 · Accountancy
→At the time of dissolution, if a partner settles a firm's liability using personal assets, what effect will this have on the partner's capital account?
Class 12 · Accountancy
→If realisation loss is twenty one thousand rupees and ratio is two is to three is to two, how much loss will the middle partner bear?
Class 12 · Accountancy
→If realisation profit is twelve thousand rupees and three partners are equal, how much will be credited to each capital account?
Class 12 · Accountancy
→At the time of dissolution, if a partner’s capital account has a debit balance of ₹3,000 and the partner pays ₹3,000 in cash, what will be the final balance of the account?
Class 12 · Accountancy
→If a partner’s Capital Account has a credit balance of ₹40,000 and the partner takes over an asset worth ₹5,000, what will be the balance before payment?
Class 12 · Accountancy
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