Category [CBSE] Dissolution of Partner [CBSE] Dissolution of Partner 53 Questions Ask question Search Order By: ActiveClear Filter 0 Votes 1 Ans Michael, Jackson and John are in partnership sharing profits and losses in the proportion of 1/2, 1/3 and 1/6 respectively 3.83K viewsAnurag Pathak Changed status to publish July 31, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Ashu and Harish are partners sharing profit and losses as 3 : 2. They decided to dissolve the firm on 31st March 2023. Their Balance sheet on the above date was: 2.94K viewsAnurag Pathak Changed status to publish July 31, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Balance Sheet of P, Q and R as at 31st March, 2023, who were sharing profits in the ratio of 5 : 3 : 1, was: 2.81K viewsAnurag Pathak Changed status to publish July 31, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans A and B are partners in a firm sharing profits and losses in the ratio of 3 : 2. On 31st March 2023, their Balance Sheet was as follows: 3.15K viewsAnurag Pathak Changed status to publish July 31, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Bale and yale are equal partners of a firm. They decide to dissolve their partnership on 31st March, 2023 at which date their Balance sheet stood as: 2.94K viewsAnurag Pathak Changed status to publish July 31, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Achal and Vichal were partners in a firm sharing profits in the ratio of 3 : 5. On 31st March, 2023, their Balance Sheet was as follows: 3.43K viewsAnurag Pathak Changed status to publish July 31, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Mike and Ajay are partners sharing profits and losses in ratio of the capitals. They decided to dissolve their firm on 31st March, 2022, the date on which the Balance Sheet stood as under: 4.51K viewsAnurag Pathak Changed status to publish July 31, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Mala, Neela and Kala were in partnership sharing profits in the ratio of 7 : 2 : 1 and the Balance Sheet of the firm as at 31st March, 2023 was: 3.88K viewsAnurag Pathak Changed status to publish July 31, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans A, B and C were partners sharing profits and losses in the ratio of 2 : 2 : 1. Their Balance sheet as at 31st March, 2018 was as follows: 3.09K viewsAnurag Pathak Changed status to publish July 31, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Ramu, Laxman and Bharat started business on 1st April, 2021 with capitals of ₹ 1,00,000, ₹ 80,000 and ₹ 60,000 respectively sharing profits and losses in the ratio of 4 : 3 : 3. 3.13K viewsAnurag Pathak Changed status to publish July 31, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Ashish and Kanav were partners in a firm sharing profits and losses in the ratio of 3 : 2. On 31st March, 2018 their Balance Sheet was as follows: 3.23K viewsAnurag Pathak Changed status to publish July 31, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Pradeep and Rajesh were partners in a firm sharing profits and losses in the ratio of 3 : 2. They decided to dissolve their partnership firm on 31st March, 2018. 2.87K viewsAnurag Pathak Changed status to publish July 31, 2023[CBSE] Dissolution of Partner[CBSE] DK Goyal Solutions 0 Votes 1 Ans Dharam, a partner, was appointed to look after the process of dissolution at a remuneration of ₹ 12,000 and he had to bear the dissolution expenses. Dissolution expenses ₹ 11,000 were paid by Dharam. 1.44K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Pass the Journal entries for the following transactions on the dissolution of the firm of P and Q after assets (other than cash) and outside liabilities have been transferred to Realisation Account: 2.09K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Pass Journal entries for payment of following unrecorded liabilities on the dissolution of a firm of partners Shiv and Mohan: 1.43K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Lal and Pal were partners in a firm sharing profits in the ratio of 3 : 7. On 1st April, 2015, their firm was dissolved. After transferring assets (other than cash) and outsider’s liabilities to Realisation Account, you are given the following information: 2.06K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Neeraj, Dheeraj and Sheeraj were partners in a firm since 2015. Due to some personal financial needs and constant disagreements among them, they decided to dissolve the firm. 2.89K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Suman and Rajan were partners in a firm sharing profits and losses in the ratio of 3 : 1. The firm was dissolved on 31st March 2019. Pass the necessary Journal entries for the following transactions after various assets (other than cash in hand and a bank) and third-party liabilities have been transferred to Realisation Account. 1.90K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Rohit, Kunal and Sarthak are 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) and the third party liability have been transferred to Realisation Account: 2.02K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Aman and Harsh were partners in a firm. They decided to dissolve their firm. Pass necessary Journal entries for the following after assets 2.34K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions « Previous 1 2 3 Next » Question and answer is powered by anspress.net