Questions Ask question Search Order By: ActiveCategoryClear Filter 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 193 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 177 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 177 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 ₹ 60,000 179 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 180 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: 169 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: 203 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: 7.27K 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 139 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: 194 viewsAnurag Pathak Answered question September 25, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans P, Q and R were partners in a firm sharing profits in the ratio of 1 : 2 : 2. Their Balance Sheet as at 31st March, 2024 was as follows: 148 viewsAnurag Pathak Answered question September 25, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Following is the balance sheet of P, Q and R who were sharing profits and losses in the ratio of 3 : 2 : 1 220 viewsAnurag Pathak Answered question September 25, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans X, Y and Z were in partnership sharing profits and losses in the ratio of 7 : 2 : 1 and the Balance Sheet of the firm stood on 31st March, 2024, as under 166 viewsAnurag Pathak Answered question September 25, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Following is the Balance Sheet of Deepak and Jyoti, who were sharing profit and losses in the ratio of 3 : 2, as at March 31, 2024 153 viewsAnurag Pathak Answered question September 25, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Ashok, Babu and Chetan are in partnership sharing profit in the proportion of 1/2, 1/3, 1/6 respectively. They dissolve the partnership on 31st March, 2023 when the Balance Sheet of the firm is as under: 4.61K viewsAnurag Pathak Changed status to publish September 23, 2024[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Kalpana and Kanika were partners in a firm sharing profits in 3 : 1 ratio. They admitted Karuna as a partner for 1/4th share in future profits. Karuna was to bring ₹ 60,000 for his capital. The Balance Sheet of Kalpana and Kanika as at 1st April, 2023, the date on which C was admitted, was: 7.53K viewsAnurag Pathak Changed status to publish September 23, 2024[CBSE] Admission of Partner[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans X, Y and Z entered into partnership on 1st October 2021 sharing profits and losses in the proportions of 4 : 3 : 2, respectively, and with capitals of ₹ 30,000, ₹ 20,000 and ₹ 10,000 217 viewsAnurag Pathak Answered question September 23, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans On 1st April, 2023, A, B and C commenced business in partnership sharing profit and losses in proportion of 1/2, 1/3 and 1/6 respectively. They paid into their Bank A/c as their capital ₹ 22,000 being ₹ 10,000 by A, ₹ 7,000 by B and ₹ 5,000 by C 187 viewsAnurag Pathak Answered question September 23, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Ashok and Kishore were in partnership sharing profits in the ratio of 3 : 1. They agreed to dissolve the firm. The assets (other than cash of ₹ 2,000) of the firm realised ₹ 1,10,000 176 viewsAnurag Pathak Answered question September 23, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans A, B and C are in partnership sharing in 4 : 3 : 3. They decided to dissolve the partnership firm. At the date of dissolution their creditors amounted to ₹ 16,800 183 viewsAnurag Pathak Answered question September 23, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans The following is the Balance Sheet of A, B and C, as at 31st March, 2024 Creditors ₹ 30,000 Mrs. A’s Loan ₹ 20,000 183 viewsAnurag Pathak Changed status to publish September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Sita and Gita were partners sharing profits and losses in the ratio of 4 : 5. They dissolved their partnership on 31st March, 2021, when their Balance Sheet showed the following balances 196 viewsAnurag Pathak Changed status to publish September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Raman and Richa were partners in a firm sharing profits in the ratio of 7 : 3. On 31.3.2024 the Balance Sheet of the firm was as follows: 190 viewsAnurag Pathak Changed status to publish September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans Following is the Balance Sheet of Ramji Lal and Panna Lal as at 31st March, 2024: 205 viewsAnurag Pathak Answered question September 22, 2024DK Goel Dissolution of a Partnership Firm 0 Votes 1 Ans The following is the Balance Sheet of A and B as at 31st March, 2024: Mrs. A’s Loan ₹ 15,000 Mrs. B’s Loan ₹ 10,000 214 viewsAnurag Pathak Answered question September 22, 2024DK Goel Dissolution of a Partnership Firm « Previous 1 2 … 5 6 7 8 9 … 161 162 Next » Question and answer is powered by anspress.net
