Home
Class 12
ACCOUNTS
On firm 's Dissolution , which one o...

On firm 's Dissolution , which one of the following account should be prepared at the last ?

A

Realisation Account

B

Partner's Capital Accounts

C

Cash Account

D

Partner's Loan Account

Text Solution

Verified by Experts

The correct Answer is:
C
Promotional Banner

Topper's Solved these Questions

  • COMPARATIVE STATEMENTS

    DK GOEL|Exercise MULTIPLE CHOICE QUESTIONS|30 Videos

  • FINANCIAL STATEMENTS ANALYSIS

    DK GOEL|Exercise Multiple Choice Questions|15 Videos

Similar Questions

Explore conceptually related problems

Which one of the following is not a target group for saving accounts ?

Which one of the following is not a feature of Limited Liability Partnership firm ?

Which one of the following situations makes a firm most efficient ?.

DK GOEL-DISSOLUTION OF A PARTNERSHIP FIRM-MULTIPLE CHOICE QUESTIONS
  1. At the time of dissolution of firm , " Loan of partners "(Loans G...

    Text Solution

    |

  2. At the time of dissolution of firm , at which stage the balance...

    Text Solution

    |

  3. On firm 's Dissolution , which one of the following account sh...

    Text Solution

    |

  4. In the event of dissolution of a partnership firm , the provisi...

    Text Solution

    |

  5. On dissolution , if a partner undertakes to make payment of a liabi...

    Text Solution

    |

  6. Unrecorded liability , when paid on dissolution of a firm is de...

    Text Solution

    |

  7. On dissolution of a partnership firm , profit or loss on realisatio...

    Text Solution

    |

  8. On Dissolution of the firm , amount received from sale of unreco...

    Text Solution

    |

  9. Realisation A/C is a :

    Text Solution

    |

  10. In the event of dissolution of firm , the partner's personal asset...

    Text Solution

    |

  11. A partnership firm is compulsorily dissolved ):

    Text Solution

    |

  12. At the time of firm 's dissolution , Balance of general Reserve s...

    Text Solution

    |

  13. On dissolution , Goodwell account is transferred to ):

    Text Solution

    |

  14. At the time of dissolution of partnership firm , Fictitous asset...

    Text Solution

    |

  15. At time of dissolution of partnership firm , the balance of profi...

    Text Solution

    |

  16. At the time of dissolution of partnership firm , the amount of '...

    Text Solution

    |

  17. On dissolution , the final balance of capital accounts accounts ...

    Text Solution

    |

  18. Change in the existing agreement between the partners is called :

    Text Solution

    |

  19. At time of dissolution of partnership firm , the balance of profi...

    Text Solution

    |

  20. On Dissolution of a firm , a partner paid Rs. 700 for firm 's Real...

    Text Solution

    |