Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Sanjay and Sameer were partners in a firm sharing profits in the ratio of 2 : 3. On 31.3.2023 their Balance Sheet was as follows: 167 viewsAnurag Pathak Answered question September 30, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans The following was the Balance Sheet of Fox and Wolf as at 31st March, 2024, when they decided to dissolve the firm: 159 viewsAnurag Pathak Answered question September 30, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans A and B dissolve their partnership Their position as at 31st March, 2024 was as follows: A’s Capital – ₹ 60,000 B’s Capital – ₹ 40,000 Sundry Creditors – ₹ 25,000 Cash at Bank – ₹ 2,000 153 viewsAnurag Pathak Answered question September 30, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans The partnership between X and Y was dissolved on March 31, 2022. On that date their respective credits to the Capitals were ₹ 1,50,000 and ₹ 10,000. ₹ 1,20,000 were due to creditors 159 viewsAnurag Pathak Answered question September 30, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans A, B and C were partners in a firm sharing profits in the ratio of 5 : 3 : 2. On 1-4-2022 they decided to dissolve the firm. On that date A’s Capital was ₹ 2,00,000, B’s Capital was ₹ 10,000 (Dr.) and C’s Capital was ₹ 25,000 (Dr.) 148 viewsAnurag Pathak Answered question September 30, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans The following is the Balance Sheet of X and Y as at 30th June, 2022. Sundry Creditors ₹ 20,000 Bills Payable ₹ 20,000 170 viewsAnurag Pathak Answered question September 29, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans A, B and C are in partnership sharing profits and losses in the proportions of 1/2, 1/3 and 1/6 respectively. On 31st January, 2024 they decide to dissolve the partnership, and the position of the firm on this date is represented by the following Balance Sheet 165 viewsAnurag Pathak Answered question September 29, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Srijan, Raman and Manan were partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1. On 31st March, 2017 their Balance Sheet was as follows: 191 viewsAnurag Pathak Answered question September 29, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Michael, Jackson and John were partners in a firm sharing profits in the ratio of 3 : 1 : 1. On 31st March, 2017, they decided to dissolve their firm. On that date their Balance Sheet was as follows: 211 viewsAnurag Pathak Answered question September 29, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Harish and Gopal were partners in a firm sharing profits in the ratio of 3 : 2. On 31st March, 2024, their Balance Sheet was as follows: 163 viewsAnurag Pathak Answered question September 29, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans X and Y are partners. They decided to dissolve their firm. Pass necessary entries assuming that various assets and external liabilities have been transferred to Realisation Account: 162 viewsAnurag Pathak Answered question September 28, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans In a firm’s Balance Sheet, Total Debtors were appearing at ₹ 5,00,000 and provision for doubtful debts appeared at ₹ 10,000. On dissolution, bad debts were ₹ 1,00,000 157 viewsAnurag Pathak Answered question September 28, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans If total assets are ₹ 12,00,000; total liabilities are ₹ 3,00,000; assets are realised at 70% and expenses on realisation are ₹ 10,000 184 viewsAnurag Pathak Answered question September 28, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Angad, Raman and Harshit were partners in a firm. They decided to dissolve their firm. Pass necessary journal entries for the following after various assets (other than cash and bank) 210 viewsAnurag Pathak Answered question September 28, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Disha, Mohit and Nandan are partners. They decide to dissolve their firm. Pass necessary Journal Entries for the following after various Assets (other than Cash and Bank) 218 viewsAnurag Pathak Answered question September 28, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Give the necessary journal entries for the following transactions on dissolution of the firm of Aman and Rajat on 31st March, 2024, after the transfer of various assets (other than cash) and the third party liabilities to Realisation Account 191 viewsAnurag Pathak Changed status to publish September 28, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Adiraj and Karan were partners in a firm sharing profits and losses in the ratio of 3 : 2. On 31st March, 2018 the firm was dissolved. After the transfer of assets 176 viewsAnurag Pathak Answered question September 28, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Gaurav, Saurabh and Vaibhav were partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1. They decided to dissolve the firm on 31st March, 2018 174 viewsAnurag Pathak Answered question September 28, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans P and Q were partners in a firm sharing profits and losses equally. On 15th March, 2023 the firm was dissolved. The dissolution resulted in a loss of ₹ 60,000 178 viewsAnurag Pathak Answered question September 28, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Jain, Sharma and Verma were partners in a firm sharing profits in the ratio of 1 : 2 : 1. On 31st March, 2018 their firm was dissolved 177 viewsAnurag Pathak Answered question September 28, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans A, B and C are partners sharing profits and losses in the ratio of 4 : 2 : 1. On 31st March, 2024, their Balance Sheet was as follows: 167 viewsAnurag Pathak Changed status to publish September 27, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans A, B and C sharing profits in the proportion of 3 : 2 : 1 agreed upon dissolution of their partnership firm on 31st March, 2024 on which date their balance sheet was as under: 195 viewsAnurag Pathak Changed status to publish September 27, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Leena and Rohit are partners in a firm sharing profits in the ratio of 3 : 2. On 31st March, 2018, their Balance Sheet was as follows: 7.24K viewsAnurag Pathak Changed status to publish September 27, 2024[CBSE] Admission of PartnerAccountancy Class 12th 0 Votes 1 Ans Give Journal entries in each of the following alternative cases on the dissolution of a firm Realisation expenses paid by X on behalf of the firm 138 viewsAnurag Pathak Answered question September 25, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans A, B and C were partners in a firm sharing profits & losses in the ratio of 2 : 2 : 1. The Balance Sheet of the firm at the date of dissolution was as follows: 190 viewsAnurag Pathak Answered question September 25, 2024DK Goel Dissolution of a Partnership Firm « Previous 1 2 … 4 5 6 7 8 … 161 162 Next » Question and answer is powered by anspress.net
