Home
Class 12
ACCOUNTS
On dissolution partner's Loan transfer...

On dissolution partner's Loan transferred to :

A

Partner'sCapital account

B

Realisation account

C

Partner's Loan Account

D

Revaluation 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
DK GOEL-DISSOLUTION OF A PARTNERSHIP FIRM-MULTIPLE CHOICE QUESTIONS
  1. In case of dissolution ,assets are transferred to realisation Ac...

    Text Solution

    |

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

    Text Solution

    |

  3. On dissolution partner's Loan transferred to :

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

  15. On dissolution of a firm , debtors were Rs. 17,000 Of these Rs, ...

    Text Solution

    |

  16. In the Balance sheet Total debtors appear at Rs.50,000 and Prov...

    Text Solution

    |

  17. How much amount will be paid to creditors for Rs, 25,000 if Rs, ...

    Text Solution

    |

  18. P, a partner , is to bear all expenses of realisation for which he...

    Text Solution

    |

  19. How much amount will be paid to A , If his opening capital is ...

    Text Solution

    |

  20. Investments valued Rs, 2,00,000 were not shown in the books One o...

    Text Solution

    |