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445 questions tagged with dissolution.
On which side is cash received from sale recorded in Realisation Account?
A. क्रेडिट पक्षCredit side
Sale proceeds are credited.
The correct answer is A. क्रेडिट पक्ष / Credit side. Sale proceeds are credited.
बिक्री से प्राप्त राशि क्रेडिट की जाती है।
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What happens to the partnership relationship after dissolution?
A. समाप्त हो जाता हैIt ends
The partnership relationship ends with the firm.
The correct answer is A. समाप्त हो जाता है / It ends. The partnership relationship ends with the firm.
फर्म के साथ साझेदारी संबंध भी समाप्त हो जाता है।
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If stock is sold for ₹12000 what amount is received?
A. ₹12000
The sale value is the amount received.
The correct answer is A. ₹12000. The sale value is the amount received.
बिक्री मूल्य ही प्राप्त राशि है।
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What is done with capital accounts on dissolution?
A. बंद किया जाता हैClosed
Capital accounts are closed after final settlement.
The correct answer is A. बंद किया जाता है / Closed. Capital accounts are closed after final settlement.
अंतिम भुगतान के बाद पूंजी खाते बंद हो जाते हैं।
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What is the main objective of dissolution of a firm?
A. सभी खातों का निपटानSettlement of all accounts
All accounts are finally settled in dissolution.
The correct answer is A. सभी खातों का निपटान / Settlement of all accounts. All accounts are finally settled in dissolution.
विघटन में सभी खातों का अंतिम निपटान होता है।
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If a liability of ₹7000 is paid what is the effect on cash?
A. ₹7000 कम होगाDecrease by ₹7000
Cash decreases when payment is made.
The correct answer is A. ₹7000 कम होगा / Decrease by ₹7000. Cash decreases when payment is made.
भुगतान से नकद घटता है।
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Which asset is generally not transferred to Realisation Account?
A. नकदCash
Cash remains in a separate account.
The correct answer is A. नकद / Cash. Cash remains in a separate account.
नकद अलग खाते में रहता है।
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What can be the final result of Realisation Account?
A. लाभ या हानिProfit or loss
Realisation Account may show either profit or loss.
The correct answer is A. लाभ या हानि / Profit or loss. Realisation Account may show either profit or loss.
साकारण खाते से लाभ या हानि दोनों निकल सकते हैं।
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To whom is the remaining cash given after dissolution?
A. भागीदारों कोPartners
The final balance is paid to partners.
The correct answer is A. भागीदारों को / Partners. The final balance is paid to partners.
अंतिम शेष राशि भागीदारों को दी जाती है।
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If an asset is sold for ₹9000 what is recorded in Realisation Account?
A. ₹9000 क्रेडिट₹9000 credit
Sale proceeds are credited.
The correct answer is A. ₹9000 क्रेडिट / ₹9000 credit. Sale proceeds are credited.
बिक्री से प्राप्त राशि क्रेडिट की जाती है।
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Dissolution expenses are generally recorded in which account?
A. साकारण खाताRealisation Account
Dissolution expenses are debited to Realisation Account.
The correct answer is A. साकारण खाता / Realisation Account. Dissolution expenses are debited to Realisation Account.
विघटन व्यय साकारण खाते में डेबिट होते हैं।
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What happens to the business on dissolution?
A. समाप्त हो जाता हैIt ends
Dissolution means the end of the business.
The correct answer is A. समाप्त हो जाता है / It ends. Dissolution means the end of the business.
विघटन का अर्थ व्यवसाय का अंत है।
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If a machine is sold for ₹15000 how much cash is received?
A. ₹15000
The sale value is the cash received.
The correct answer is A. ₹15000. The sale value is the cash received.
बिक्री मूल्य ही प्राप्त नकद होता है।
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Cash and bank balances are generally not transferred to which account?
A. साकारण खाताRealisation Account
Cash and bank balances remain in their own accounts.
The correct answer is A. साकारण खाता / Realisation Account. Cash and bank balances remain in their own accounts.
नकद और बैंक शेष सीधे अपने खातों में रहते हैं।
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What is done with realisation loss on dissolution?
A. भागीदारों में बांटी जाती हैShared among partners
Loss is transferred to partners' capital accounts.
The correct answer is A. भागीदारों में बांटी जाती है / Shared among partners. Loss is transferred to partners' capital accounts.
हानि भागीदारों के पूंजी खातों में स्थानांतरित होती है।
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To whom is realisation profit transferred on dissolution?
A. भागीदारों के पूंजी खातेPartners' Capital Accounts
Realisation profit is shared in the profit-sharing ratio.
The correct answer is A. भागीदारों के पूंजी खाते / Partners' Capital Accounts. Realisation profit is shared in the profit-sharing ratio.
साकारण लाभ लाभांश अनुपात में बांटा जाता है।
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Who gets priority payment on dissolution?
A. बाहरी देनदारExternal liabilities
External claims are settled first.
The correct answer is A. बाहरी देनदार / External liabilities. External claims are settled first.
पहले बाहरी दावों का भुगतान किया जाता है।
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Which special account is opened on dissolution?
A. साकारण खाताRealisation Account
Realisation Account is prepared to determine profit or loss.
The correct answer is A. साकारण खाता / Realisation Account. Realisation Account is prepared to determine profit or loss.
साकारण खाता लाभ या हानि ज्ञात करने के लिए बनाया जाता है।
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What is the process of converting assets into cash at dissolution called?
A. साकारणRealisation
Converting assets into cash is called realisation.
The correct answer is A. साकारण / Realisation. Converting assets into cash is called realisation.
परिसंपत्तियों को नकद में बदलना साकारण कहलाता है।
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What is meant by dissolution of a partnership firm?
A. फर्म का पूर्ण समापनComplete closure of the firm
In dissolution the existence of the firm comes to an end. This is a basic exam concept.
The correct answer is A. फर्म का पूर्ण समापन / Complete closure of the firm. In dissolution the existence of the firm comes to an end. This is a basic exam concept.
विघटन में फर्म का अस्तित्व समाप्त हो जाता है। यह मूल परीक्षा प्रश्न है।
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On what basis is the remaining amount distributed after dissolution?
A. पूंजी खातों के अनुसारAccording to capital accounts
Final distribution is based on capital accounts.
The correct answer is A. पूंजी खातों के अनुसार / According to capital accounts. Final distribution is based on capital accounts.
अंतिम वितरण पूंजी खातों के आधार पर होता है।
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Closing the business means the firm will do what?
A. कार्य बंद करेगीStop operations
Business activities cease on dissolution.
The correct answer is A. कार्य बंद करेगी / Stop operations. Business activities cease on dissolution.
विघटन पर व्यापारिक गतिविधियां समाप्त हो जाती हैं।
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What can be the result of a Realisation Account?
A. लाभ या हानिProfit or loss
Realisation Account may show either profit or loss.
The correct answer is A. लाभ या हानि / Profit or loss. Realisation Account may show either profit or loss.
साकारण खाते से लाभ या हानि दोनों ज्ञात हो सकते हैं।
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If a cash balance of ₹5000 remains to whom will it be given?
A. भागीदारों कोPartners
Final balance is distributed among partners.
The correct answer is A. भागीदारों को / Partners. Final balance is distributed among partners.
अंतिम शेष भागीदारों में वितरित होता है।
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Partners are paid after what on dissolution?
A. देनदारियों के भुगतान के बादAfter payment of liabilities
External claims are settled first.
The correct answer is A. देनदारियों के भुगतान के बाद / After payment of liabilities. External claims are settled first.
पहले बाहरी दावे चुकाए जाते हैं।
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If ₹15000 is received from sale of assets what type of receipt is it?
A. साकारण प्राप्तिRealisation receipt
It is a receipt from sale of assets.
The correct answer is A. साकारण प्राप्ति / Realisation receipt. It is a receipt from sale of assets.
यह परिसंपत्ति बिक्री से प्राप्त राशि है।
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What is the final accounting task on dissolution of a partnership firm?
A. खातों का समापनClosing accounts
Closing all accounts is the final task.
The correct answer is A. खातों का समापन / Closing accounts. Closing all accounts is the final task.
सभी खातों का समापन अंतिम कार्य है।
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On closure of business assets are generally converted into what?
A. नकदCash
Assets are converted into cash by selling them.
The correct answer is A. नकद / Cash. Assets are converted into cash by selling them.
परिसंपत्तियों को बेचकर नकद बनाया जाता है।
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Which account is most important to ascertain profit or loss on dissolution?
A. साकारण खाताRealisation Account
Realisation Account shows profit or loss.
The correct answer is A. साकारण खाता / Realisation Account. Realisation Account shows profit or loss.
साकारण खाता ही लाभ या हानि बताता है।
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If total receipts are ₹30000 and total payments are ₹20000 what is the balance?
A. ₹10000
₹30000 - ₹20000 = ₹10000.
The correct answer is A. ₹10000. ₹30000 - ₹20000 = ₹10000.
₹30000 - ₹20000 = ₹10000।
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