Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Pass, Journal entries for the following at the time of dissolution of the firm of X and Y after the various assets (other than cash) and outside liabilities have been transferred to Realisation Account: 5.37K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Charu, Dhwani, Iknoor and Paavni were partners in a firm. They had entered into partnership firm last year only, through a verbal agreement. 5.09K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Creditors of ₹ 85,000 accepted ₹ 40,000 as cash and investment of ₹ 43,000, in full settlement of their claim. 2.09K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Realisation expenses of ₹ 10,000 were to be borne by Mohan, a partner, but were paid by the firm. 4.18K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Expenses of realisation ₹ 600 to be borne by the firm and are paid by Mohan, a partner. 3.60K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Pass the Journal entry when an unrecorded liability of ₹ 15,000 is settled at ₹ 10,000 and paid by X, a partner on the dissolution of a firm? 3.26K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Land and Building (Book Value) ₹ 1,60,000 sold for ₹ 3,00,000 through a broker who charged 2% commission on the deal. Journalise the transaction, at the time of dissolution of the firm. 3.77K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Nisha, Kamal and Vijay has an automobile spare parts business. Due to strained relationship among the partners, they were unable to take collective decisions for the growth of business. 6.15K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner 0 Votes 1 Ans Ajay, Salil and Ravi were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Ajay died on 20th February 2023. The Balance Sheet of the firm on that date was as follows: 5.69K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans X, Y and Z were partners in a firm sharing profits in the ratio of 2 : 2 : 1. On 31st March, 2022, their Balance Sheet was as follows: 5.83K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans The Balance Sheet of X, Y and Z as at 31st March, 2023 was: 5.64K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans The Balance Sheet of A, B and C who were sharing profits in the ratio of 3 : 3 : 4 as at 31st March, 2019 was as follows: 6.46K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans On 31st March, 2014, the Balance Sheet of Pooja, Qureshi and Ross, who were partners in a firm was as under: 5.41K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Shirish, Harit and Asha were partners in a firm sharing profits in the ratio of 5 : 4 : 1. Shirish died on 30th June, 2018. On this date, their Balance Sheet was follows: 7.09K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans A, B and C were partners in a firm. A died on 31st March, 2018 and the Balance Sheet of the firm on that date was as under: 7.58K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans X and Y are partners. The Partnership Deed provides inter alia: 4.71K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans The Balance Sheet of Sadhu, Raja and Karan who were sharing profits in the ratio of 4 : 2 : 4 as at 31st March, 2023 was as follows: 6.69K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Karim, Saleem and Raheem were partners in a firm sharing profits and losses in the ratio of 3 : 4 : 3. The firm closes its books on 31st March every year. 5.97K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Iqbal and kamal are in partnership sharing profits and losses in 3 : 2. Kamal died three months after the date of the last Balance Sheet. 5.32K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans X, Y and Z were partners in a firm sharing profits in the ratio of 4 : 3 : 1. The firm closes its books on 31st March every year. On 1st February, 2023. 4.20K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Abha, Beena and Chanda were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. Abha died on 1st July, 2023. 5.77K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Akhil, Bikram and Charu were partners sharing profits and losses in the ratio of 3 : 2 : 1. Bikram died on 30th september, 2022 4.30K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Raman, Param and Karan were partners sharing profits and losses in the ratio of 3 : 2 : 1. Param died on 31st December, 2022. Accounts of the firm are closed on 31st March every year. 5.17K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Ajay, Bhawna and Shreya were partners sharing profits in the ratio of 2 : 2 : 1. On 1st July, 2022 Shreya died. The books of accounts are closed on 31st March every yer. Sales for the year 2021-22 ₹ 5,00,000 and that from 1st April to 30th June, 2022 were ₹ 1,40,000. 4.39K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death 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. C died on 30th June, 2023. 3.96K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions « Previous 1 2 … 137 138 139 140 141 … 166 167 Next » Question and answer is powered by anspress.net
