1.
At the time of dissolution of partnership an unrecorded asset taken by X a partner is debited to:
1 out of 10
2.
Unrecorded liability when paid on dissolution of a firm is defined to :
2 out of 10
3.
On firm’s dissolution which of the following account is prepared at the last?
3 out of 10
4.
On dissolution of a firm fictitious assets are transferred to:
4 out of 10
5.
General Reserve appearing in the Balance sheet transferred to :
5 out of 10
6.
On dissolution of a firm in which ratio profit and loss on realisation is distributed among the partners:
6 out of 10
7.
At the time of dissolution of firm, at which stage the balance of partner’s capital accounts is paid?
7 out of 10
8.
On dissolution of the firm amount received from sale of unrecorded asset is credited to :
8 out of 10
9.
On taking responsibility of payment of realisation expenses by a partner, the account credited will be :
9 out of 10
10.
On payment of expenses of dissolution, account will be debited :
10 out of 10
