Dissolution of ...

All _____ liabilities are transferred to the ____ side of Realisation account

Following accounts will be shown on debit side of Realisation Account except

If a partner agreed to pay the unrecorded liability then ______

At the time of dissolution, how would you treat the loss shown by Profit and Loss A/c in the Balance Sheet?

Bank Loan ₹29,000 was paid at the time of dissolution. What journal entry will be recorded for the same?

What journal entry will take place when loan of partner ₹60,000 is paid at the time of dissolution?

How would you treat investment fluctuation reserve given in the balance sheet at the time of dissolution?

A and B share profits and losses in the ratio of 5:2. They have decided to dissolve the firm. Assets and external liabilities have been transferred to Realisation A/c. It is found that an unrecorded Computer was realized ₹7,000. How would you record it?

When realized value of goodwill is given in adjustment, it indicates that ________

Total creditors of the firm (already transferred to Realisation Account) were ₹30,000. Out of this, creditors waived their claim of ₹5,000 while the rest agreed to allow discount @ 10% of their respective claim.

Realisation Account is differ from Revaluation Account as

One Creditor worth ₹4,500 took over stock valued at Rs.5,200 in full satisfaction of his claim.

Pooja (one partner) agreed to pay off her husband’s loan Rs.14,000. What journal entry should take place for the same?

What journal entry will take place when amount of liability is less than the amount of workmen compensation reserve?

Unrecorded asset when realised (in cash) will be _________

Debtors given in the balance sheet ₹17,000. In additional information bad debts of ₹2,000 given and it is also given that debtors have paid their money in full and final settlement after 10% discount. How much amount is received from debtors?

At the time of dissolution, there was an unrecorded asset i.e. Laptop, market price of which was ₹24,000. This laptop was taken by a partner (Mohan) at 50% of the market price. Give journal entry for the same.

What is the accounting treatment of Investment Fluctuation Fund when it is given in the Balance sheet

At the time of dissolution, partner’s loan account is not transferred to _____ account but is retained as a separate account.

Accumulated losses are transfer to ______ in ________ ratio

A and B share profits and losses in the ration of 5:2. They have decided to dissolve the firm. Assets and external liabilities have been transferred to Realisation A/c. An unrecorded Stock worth  ₹ 1,600 was taken over by B at₹ 1,200. What should be journal entry?

Choose the correct option from below

If a liability is assumed (to be paid) by a partner in such a case partner capital account is ___

How goodwill account appear in the Balance sheet be treated in case of dissolution of firm

A Loan of ₹10,000 advanced by a partner to the firm was refunded. What journal entry should be recorded for the same?