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

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 Advertisement 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 Advertisement 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 : Advertisement Video Tag: Read More …

Question 14 Chapter 7 of Class 12 Part – 1 2024 14. (Realisation A/c/Partner’s Capital Ne/Cash A/e) A, B and C are partners sharing Profits and Losses equally. They dissolve the firm on 31st March, 2018 on which date their Read More …

Question 13 Chapter 7 of Class 12 Part – 1 2024 13. (Realisation Account) Maninder, Jatinder and Rupinder are partners in the firm sharing profits in the ratio of 4:3:3 respectively On 1-4-2017 they decided to dissolve the firm. On Read More …

Question 12 Chapter 7 of Class 12 Part – 1 2024 12 (Journal Entries) What journal entries will be passed for the following transactions on the dissolution of the firm.1. An unrecorded asset realized Rs. 1,300.2. Total creditors of the Read More …

Question 11 Chapter 7 of Class 12 Part – 1 2024 11. (Realisation Entries) A and B were partners in a firm sharing profit in the ratio of 4:3 The firm was dissolved on 25-02-2018 Pass the Journal Entries for Read More …

Question 10 Chapter 7 of Class 12 Part – 1 2024 10. (Realisation Entries) Pass journal entries :(a) On dissolution a machine of Rs. 8,000 was found unrecorded it in realised at Rs. 7,000. Expenses Rs. 200 incurred on its Read More …