Author: Amanpreet Kaur

Question 24 Chapter 7 of Class 12 Part – 1 2024 24. (Realisation A/c/Partner’s Capital A/c/Cash A/e) A, B and C were sharing profits & losses in the ratio of 5: 3:2. On 1st January 2016, their Balance sheet was Read More …

Question 23 Chapter 7 of Class 12 Part – 1 2024 23. (Realisation A/c/Partner’s Capital A/e) Cloud, Storm and Rain were partners in a firm sharing profits and losses in the ratio of 5: 3:2. Due to difference of opinion, Read More …

Question 22 Chapter 7 of Class 12 Part – 1 2024 22. (Realisation A/e/Bank A/c/Capital A/e) X, Y and Z were in partnership 7 : 2 : 1 and the balance sheet of the firm on 31 December 2018 was: Read More …

Question 21 Chapter 7 of Class 12 Part – 1 2024 21. (Realisation A/c/Bank A/c/Capital A/e) A and B are partners in 2:1 ratio. They dissolved their business on 30th Sept, 2018. Ads loading… Liabilities Rs. Assets Rs. Capitals   Read More …

Question 20 Chapter 7 of Class 12 Part – 1 2024 20. (Realisation A/c/Partner’s Capital A/c/Cash A/c) Anju and Manju were trading an a firm sharing profits in the ratio of 9 :7 Firm’s. Balance sheet as on December 31, Read More …

Question 19 Chapter 7 of Class 12 Part – 1 2024 19. (Realisation A/e/Partner’s Capital A/e/Cash A/e) X, Y and Z Captal were in partnership sharing profits and losses as 3 :2 :1. The Balance sheet as at 31 December Read More …

Question 18 Chapter 7 of Class 12 Part – 1 2024 18. (Realisation A/c/Partner’s Capital A/e) X. Y and Z are three partners. Their sharing ratio was 3:2: 1. Their balance sheet on 30th September 2015 was as under Ads Read More …

Question 17 Chapter 7 of Class 12 Part – 1 2024 17. (Journal/Realisation A/e/Partner’s Capital A/c/Cash A/e) A, B and C decided to dissolve partnership. The position as on 31st December 2015, the date of dissolution was as follows Ads Read More …

Question 16 Chapter 7 of Class 12 Part – 1 2024 16. (Journal/Realisation A/c/Capital A/c/Cash A/c) Thapa and Sudarshan are partners sharing profits and losses as to 3/5 and 2/5. Their Balance sheet on 31st March, 2018 was as follows Read More …

Question 15 Chapter 7 of Class 12 Part – 1 2024 15. (Realisation A/c/GST) Following is the Balance Sheet of Rama and Krishna who are equal partners on 31-3-2013, on which date the firm is dissolved : Ads loading… Liabilities Read More …