Category: Chapter No. 7 – Partnership Accounts – VI Dissolution of Partnership Firm

Question 40 Chapter 7 of Class 12 Part – 1 2024 40. (Realisation A/c/Cash A/c/Capital A/c’s) The partnership between Read and Write was dissolved on 31-3-2017. On that date the respective credits to the capitals were Read Rs. 1,70,000 and Read More …

Question 39 Chapter 7 of Class 12 Part – 1 2024 39. (Realisation A/c) Sachin and Tarun were partners sharing profits and losses as to 2/3 and 1/3 respectively. On 31st December 2015 they dissolved the partnership firm when their Read More …

Question 38 Chapter 7 of Class 12 Part – 1 2024 38. (Memorandum Balance Sheet/Ledger Ales) A and B were partners in a business sharing profits and losses in the ratio of 3 :1 respectively. They decided to dissolve their Read More …

Question 37 Chapter 7 of Class 12 Part – 1 2024 37. (Journal/Realisation A/e/Partner’s Capital A/e) Prakash, Kiran and Rishabh are partners in a firm sharing profits and losses in the ratio of 3:21 Their Balance sheet an at 31 Read More …

Question 36 Chapter 7 of Class 12 Part – 1 2024 36. (Unrecorded Asset and Liability/Journal/Ledger A/c s) X, Y and Z are partners sharing profits in the proportion of 3: 2:1. They dissolved the firm on December 31, 2015. Read More …

Question 35 Chapter 7 of Class 12 Part – 1 2024 35. (Realisation A/c/Partners‘ Capital A/c/Cash A/e) Bhuvan, Suraj and Ibrahim were partners in a firm sharing profits in the ratio of 3: 2:1. On 30th June, 2015, they decided Read More …

Question 34 Chapter 7 of Class 12 Part – 1 2024 34. (Unrecorded Asset/Realisation A/c Partner’s capital A/c bank a/c) Deepali and Rajshree are partners in a firm sharing profits and in the ratio of 3: .2 They decided to Read More …

Question 33 Chapter 7 of Class 12 Part – 1 2024 33. (Realisation A/c/Partner’s Capital A/c/Bank A/e) X, Y and Z are partners in a firm having profit sharing proportion as 2: 2: 1. The balance sheet was as follows Read More …

Question 32 Chapter 7 of Class 12 Part – 1 2024 32. (Realisation A/c/Partner’s Capital A/c/Cash A/e) D, E and F sharing profits in th proportion of 3 :2: 1 agree upon dissolution of the firm, D was appointed to Read More …

Question 30 Chapter 7 of Class 12 Part – 1 2024 30. (Realisation A/c/Capital A/e’s/Bank A/e) The Balance sheet of A, B and C sharing profits and losses as 3:2 :1 respectively stood as follows on June 30, 2019. Advertisement Read More …