Home
Class 12
ACCOUNTS
On dissolution , the final balance o...

On dissolution , the final balance of capital accounts accounts are transferred to :

A

Realisation Account

B

Cash Account

C

Profit & Loss account

D

Loan Account of partners

Text Solution

Verified by Experts

The correct Answer is:
B
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

Final Accounts

Fixed Capital Accounts

Fluctuating Capital Accounts

DK GOEL-DISSOLUTION OF A PARTNERSHIP FIRM-MULTIPLE CHOICE QUESTIONS
  1. At time of dissolution of partnership firm , the balance of profi...

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

  12. On taking Responsibility of payment of a liability of Rs, 50,000 by Pa...

    Text Solution

    |

  13. Cash Balance shown in the Balance sheet is shown on dissolution...

    Text Solution

    |

  14. On Firm 's Dissolution , on realisation of goodwill (which was shown...

    Text Solution

    |

  15. On dissolution of a firm ,Its Balance sheet revealed total credot...

    Text Solution

    |

  16. On Firm 's Dissolution ,when a partner voluntarily gives his person...

    Text Solution

    |

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

    Text Solution

    |

  18. On dissolution ,when a patner takes over an asset ………… is debited

    Text Solution

    |

  19. In case of dissolution ,assets are transferred to realisation Ac...

    Text Solution

    |

  20. On dissolution, the balance of a partner's capital account appear...

    Text Solution

    |