Home
Class 12
ACCOUNTS
On payment of expenses of dissolution , ...

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

A

Realistion Account

B

Cash Account

C

Profit & Loss account

D

None of the above

Text Solution

Verified by Experts

The correct Answer is:
A
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. On Dissolution of a firm , an unrecorded furniture of the value o...

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

  16. If creditors are Rs, 25,000 ,Capital is Rs, 1,50,000 and cash bala...

    Text Solution

    |

  17. If opening capital of partners are A Rs, 3,00,000 ,B Rs, 2,00,000 a...

    Text Solution

    |

  18. If total assets of a firm Are Rs, 12,00,000 and total libilities ar...

    Text Solution

    |

  19. On dissolution of a firm , a partner's capital account has a cred...

    Text Solution

    |

  20. On dissolution of a firm a partner took over Rs, 17,000 investment...

    Text Solution

    |