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On Dissolution of the firm , amount ...

On Dissolution of the firm , amount received from sale of unrecorded asset is credited to :

A

Partner's Capital Accounts

B

Profit and Loss account

C

Realisation Account

D

Cash Account

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Verified by Experts

The correct Answer is:
C
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DK GOEL-DISSOLUTION OF A PARTNERSHIP FIRM-MULTIPLE CHOICE QUESTIONS
  1. Unrecorded liability , when paid on dissolution of a firm is de...

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

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

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  4. Realisation A/C is a :

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

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  6. A partnership firm is compulsorily dissolved ):

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

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

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

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

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

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

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

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

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

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  16. On taking responsibilty of payment of Realisation expenses by a p...

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  17. On dissolution of firm .Loss calculate in realisation account is ...

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  18. Profit or loss of realisation account is transferred to :

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  19. Which of the following is transferred to Realisation Account :

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  20. Which of the following in not transferred to Realisation Account:

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