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On firm 's Dissolution , a Partner under...

On firm 's Dissolution , a Partner undertook firm 's Creditors at Rs, 17,000 .In this case the account will be credited :

A

Creditors A/c

B

Cash A/c

C

Realisation A/c

D

Partner's Capital A/c

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The correct Answer is:
D
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DK GOEL-DISSOLUTION OF A PARTNERSHIP FIRM-MULTIPLE CHOICE QUESTIONS
  1. On payment of expenses of dissolution , account will be debited :

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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  19. On dissolution of firm , which item is debited to the realisation...

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  20. At the time of dissolution of a firm , Creditors are Rs,70,000 ,P...

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