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

Question 29 Chapter 7 of Class 12 Part – 1 2024 29. (Realisation A/c/Capital A/c/Bank Ne/Provision for Doubtful Debts/GST Arjun and Bhim are partners in a firm. They share profits and losses in 5:3 ratio. They dissolved their business on Read More …

Question 28 Chapter 7 of Class 12 Part – 1 2024 28. (Realisation A/c/Cash A/c/Sundry Creditors Ale/Partner’s Capital Ae) is the Balance sheet of A and B as on 31st December, 2018. The profit sharing ratios of the partners are Read More …

Question 27 Chapter 7 of Class 12 Part – 1 2024 27. (Asset & Liability taken over by Partner/Ledger A/c) X and Y are sharing3:2. The Balance sheet of the firm as on December 31, 2018 is given below: Advertisement Read More …

Question 26 Chapter 7 of Class 12 Part – 1 2024 26. (Realisation A/c/Partner’s Capital A/c/Cash A/e) L, M and N were partners in a firm sharing profits in the ratio of 2:2: 1. Balance sheet dated December 31, 2018 Read More …

Question 25 Chapter 7 of Class 12 Part – 1 2024 25. (Asset taken over by Partners/Realisation A/c/Partner’s Capital A/c/Cash A/e) A, B and C are three partners sharing profits in the ratio of 3: 1: 1 on 31 March, Read More …

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. Advertisement Video Tag: 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 …