>
Exams
>
Accountancy
>
Dissolution of Partnership Firm
>
on dissolution of partnership firm unrecorded asse
Question:
on dissolution of partnership firm, unrecorded assets when taken over by a partner are shown in :
CUET (UG) - 2023
CUET (UG)
Updated On:
Sep 19, 2024
Debit side of Realisation A/c
Credit side of Realisation A/c
Credit side of Bank A/c
Debit side of Bank A/c
Hide Solution
Verified By Collegedunia
The Correct Option is
B
Solution and Explanation
The correct option is (B) :Credit side of Realisation A/c.
Download Solution in PDF
Was this answer helpful?
0
0
Top Questions on Dissolution of Partnership Firm
Match List-I with List-II.
List-I
List-II
(A) Nominal Capital
(I) Offered to the public
(B) Reserve Capital
(II) Called up capital minus calls in arrears
(C) Paid up Capital
(III) Memorandum of Association
(D) Issued Capital
(IV) Called only at the time of winding up
CUET (UG) - 2024
Accountancy
Dissolution of Partnership Firm
View Solution
In case of dissolution of a Partnership Firm, assets of the firm shall be applied in the following order:
(A) Paying unsecured debts of the firm
(B) Paying secured debts of the firm
(C) Paying partner’s loan
(D) Paying partners’ capital
Choose the correct answer from the options given below:
CUET (UG) - 2024
Accountancy
Dissolution of Partnership Firm
View Solution
In case of dissolution,bad debts recovered should be:
CUET (UG) - 2024
Accountancy
Dissolution of Partnership Firm
View Solution
Plant and Machinery (book value 60,000) was handed over to a Creditor at an agreed valuation of 10% less than the book value. What journal entry will be passed in the books of the firm at the time of dissolution of the firm?
CUET (UG) - 2024
Accountancy
Dissolution of Partnership Firm
View Solution
At the time of dissolution of a partnership firm, fictitious assets are transferred to the:
CUET (UG) - 2024
Accountancy
Dissolution of Partnership Firm
View Solution
View More Questions
Questions Asked in CUET exam
A molecule X associates in a given solvent as per the following equation:
X ⇌ (X)
n
For a given concentration of X, the van’t Hoff factor was found to be 0.80 and the
fraction of associated molecules was 0.3. The correct value of ‘n’ is:
CUET (UG) - 2024
Solutions
View Solution
Who devised the concept of Intelligence Quotient (IQ)?
CUET (UG) - 2024
Psychological attributes
View Solution
Two pipes A and B can fill a tank in 32 minutes and 48 minutes respectively. If both the pipes are opened simultaneously, after how much time B should be turned off so that the tank is full in 20 minutes?
CUET (UG) - 2024
Time and Work
View Solution
If
\(A = \begin{bmatrix} 3 & 2 \\ -1 & 1 \end{bmatrix} \quad \text{and} \quad B = \begin{bmatrix} -1 & 0 \\ 2 & 5 \\ 3 & 4 \end{bmatrix},\)
then \((BA)^T\) is equal to:
CUET (UG) - 2024
Matrices
View Solution
The spin-only magnetic moment of Hexacyanomanganate(II) ion is.........BM
CUET (UG) - 2024
Magnetic moment
View Solution
View More Questions