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On dissolution of a firm ,Its Balance ...

On dissolution of a firm ,Its Balance sheet revealed total credotors Rs, 50,000 Total Capital Rs. 48,000 : Cash Balance Rs. 3,000 .Its assets were realised at 12% less .Loss on realisation will be :

A

Rs.6,000

B

Rs. 11,760

C

Rs.11,400

D

Rs. 3,600

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The correct Answer is:
C
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DK GOEL-DISSOLUTION OF A PARTNERSHIP FIRM-MULTIPLE CHOICE QUESTIONS
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  2. On Firm 's Dissolution , on realisation of goodwill (which was shown...

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

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

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

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

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

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

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  9. On dissolution partner's Loan transferred to :

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  10. Sundry creditors amounted to Rs, 8,000 These were paid at a disco...

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  11. There was an Unrecorded asset of Rs, 2,000 which was taken over ...

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  12. On Dissolution of a firm , an unrecorded furniture of the value o...

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  13. On the basis of following data final payments to a partner on fir...

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  14. On payment of expenses of dissolution , account will be debited :

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  15. An Unrecorded asset was valued at Rs, 1,00,000. On firm 's Dissolu...

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  16. On firm 's Dissolution , a Partner undertook firm 's Creditors at R...

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  17. On Dissolution , losses are first of all met :

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  18. ……………is prepared at the time of dissolution :

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  19. While transferring assets to realisation account ………………. Is omitte...

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  20. If total assets areRs, 2,00,000 total liabilities are Rs, 40,000 amo...

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