{"id":27267,"date":"2019-10-01T15:49:13","date_gmt":"2019-10-01T10:19:13","guid":{"rendered":"http:\/\/mycbseguide.com\/blog\/?p=27267"},"modified":"2019-10-05T12:27:51","modified_gmt":"2019-10-05T06:57:51","slug":"practice-questions-for-class-12-accountancy-dissolution-of-partnership","status":"publish","type":"post","link":"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/","title":{"rendered":"Practice Questions for Class 12 Accountancy Dissolution of Partnership"},"content":{"rendered":"

Practice Questions for Class 12 Accountancy Dissolution of Partnership. <\/strong>myCBSEguide has just released Chapter Wise Question Answers for class 12 Accountancy. There chapter wise Practice Questions with complete solutions are available for download in\u00a0myCBSEguide<\/a>\u00a0<\/strong>website and mobile app. These test papers with solution are prepared by our team of expert teachers who are teaching grade in CBSE schools for years. There are around 4-5 set of solved Accountancy Extra questions from each and every chapter. The students will not miss any concept in these Chapter wise question that are specially designed to tackle Exam. We have taken care of every single concept given in\u00a0CBSE Class 12 Accountancy\u00a0<\/a><\/strong>syllabus and questions are framed as per the latest marking scheme and blue print issued by CBSE for class 12.<\/p>\n

CBSE Class 12 Accountancy Extra Questions<\/strong><\/p>\n

Download as PDF<\/a><\/strong><\/p>\n

Extra Questions for Class 12 Accountancy<\/h2>\n
Ch-6 Dissolution of Partnership<\/strong><\/p>\n
\n<\/div>\n
    \n
  1. Match the following
    \n\n\n\n\n\n
    When assets are sold for cash<\/td>\n(i) Bank A\/c Dr To Realisation A\/c<\/td>\n<\/tr>\n
    When an asset is taken over by a partner<\/td>\nNo entry<\/td>\n<\/tr>\n
    When the assets are given to any of the creditors towards the payment of his dues<\/td>\nPartner Capital A\/c Dr To Realisation A\/c<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    Choose the correct option from below<\/p>\n

      \n
    1. a(iii),\u00a0b(ii), c(i)<\/li>\n
    2. a(i), b(iii), c(ii)<\/li>\n
    3. a(ii), b(iii), c(i)<\/li>\n
    4. a(i), b(ii), c(iii)<\/li>\n<\/ol>\n<\/li>\n
    5. Name the Account which is prepared for finding the profit or loss on getting amount from selling of all assets and paying amount of liabilities.\n
        \n
      1. Dr. side of Realisation Account<\/li>\n
      2. Dr. side of Revaluation Account<\/li>\n
      3. Realisation Account<\/li>\n
      4. Cr.Side of Revaluation Account<\/li>\n<\/ol>\n<\/li>\n
      5. What should be the journal entry when A takes over loan payable to Mrs. A \u20b920000\n
          \n
        1. \n\n\n\n
          RealisationA\/cDr.<\/span><\/p>\n

          To A\u2019s CapitalA\/c<\/span><\/td>\n

          		20000<\/span><\/p>\n

          20000<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/li>\n

        2. \n\n\n\n
          Bank A\/cDr.<\/span><\/p>\n

          To A\u2019s CapitalA\/c<\/span><\/td>\n

          		58000<\/span><\/p>\n

          58000<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/li>\n

        3. \n\n\n\n
          RelisationA\/cDr.<\/span><\/p>\n

          To BankA\/c<\/span><\/td>\n

          		58000<\/span><\/p>\n

          58000<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/li>\n

        4. \n\n\n\n
          LoanA\/cDr.<\/span><\/p>\n

          To A\u2019s Capital A\/c<\/span><\/td>\n

          		58000<\/span><\/p>\n

          58000<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/li>\n<\/ol>\n<\/li>\n

        5. Bank Loan \u20b929,000 was paid at the time of dissolution. What journal entry will be recorded for the same?\n
            \n
          1. \n\n\n\n
            Bank Loan A\/c Dr.<\/span><\/p>\n

            To Bank Loan A\/c<\/span><\/td>\n

            		29,000<\/span><\/p>\n

            29,000<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/li>\n

          2. \n\n\n\n
            Realisation A\/c Dr.<\/span><\/p>\n

            To Bank A\/c<\/span><\/td>\n

            		29,000<\/span><\/p>\n

            29,000<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/li>\n

          3. \n\n\n\n
            Bank A\/c Dr.<\/span><\/p>\n

            To Realisation A\/c<\/span><\/td>\n

            		29,000<\/span><\/p>\n

            29,000<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/li>\n

          4. \n\n\n\n
            Bank Loan A\/c Dr.<\/span><\/p>\n

            To Bank A\/c<\/span><\/td>\n

            		29,000<\/span><\/p>\n

            29,000<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/li>\n<\/ol>\n<\/li>\n

          5. As per which section of the Indian Partnership Act, 1932, at the suit of a partner, the Court may dissolve a firm?\n
              \n
            1. Section 04<\/li>\n
            2. Section 44<\/li>\n
            3. Section 48<\/li>\n
            4. Section 31<\/li>\n<\/ol>\n<\/li>\n
            5. \n
              At the time of the dissolution of the firm, how undistributed profits such as General Reserve, Credit Balance of P&L A\/C are dealing with?<\/div>\n<\/li>\n
            6. \n
              The firm of Ravi and Mohan was dissolved on 1.3.2013. According to the agreement Ravi had agreed to undertake the dissolution work for an agreed remuneration of Rs.2,000 and bear all realisation expenses. Dissolution expenses were Rs. 1,500 and the same were paid by the firm. Pass necessary journal entry for the payment of dissolution expenses.<\/div>\n<\/li>\n
            7. \n
              When an asset is taken over by a partner, why is his capital account debited?<\/div>\n<\/li>\n
            8. \n
              What is the dissolution of partnership?<\/div>\n<\/li>\n
            9. \n
              Identify a situation, under which court may order for dissolution of a partnership firm.<\/div>\n<\/li>\n
            10. \n
              \n

              Pass Journal entries in the following cases-<\/p>\n

                \n
              1. Expenses of Realisation Rs. 1,500<\/li>\n
              2. Expenses of Realisation Rs. 600, but paid by Mohan, a partner,<\/li>\n
              3. Mohan, one of the partners of the firm, was asked to look into the dissolution of the firm for which he was allowed a commission of Rs. 2,000.<\/li>\n
              4. Motor car of book value 50,000 taken over by creditors of the book value of Rs. 40,000 in final settlement.<\/li>\n<\/ol>\n<\/div>\n<\/li>\n
              5. \n
                \n

                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. Pass the Journal Entries to affect the following:<\/p>\n

                  \n
                1. Bank Loan of Rs. 12,000 is paid off.<\/li>\n
                2. A was to bear all expenses of Realisation for which he is given to commission of Rs. 400.<\/li>\n
                3. Deferred Advertisement Expenditure A\/c appeared in the book at Rs. 28,000.<\/li>\n
                4. Stock worth Rs. 1,600 was taken over by B at Rs. 1,200.<\/li>\n
                5. As unrecorded Computer realized Rs. 7,000.<\/li>\n
                6. There was an outstanding bill for repairs for Rs. 2,000. Which was paid off.<\/li>\n<\/ol>\n<\/div>\n<\/li>\n
                7. \n
                  The amount of sundry assets transferred to Realisation Account was Rs 80,000. 60% of them have been sold at a profit of Rs. 2,000. 20% of the remaining were sold at a discount of 30% and remaining were taken over by Ramlal (a partner) at book value. Journalise.<\/div>\n<\/li>\n
                8. \n
                  \n

                  Rohit, Kunal and Sarthak are partners in a firm. They decided to dissolve their firm. Pass necessary Journal entries for the following after various assets (other then Cash and Bank) and the third party liability have been transferred to Realisation Account:<\/p>\n

                    \n
                  1. Kunal agreed to pay off his wife’s loan of Rs. 6,000.<\/li>\n
                  2. Total Creditors of the firm were Rs. 40,000. Creditors worth Rs. 10,000 were given a piece of furniture costing Rs. 8,000 in full and final settlement. Remaining Creditors allowed a discount of 10%.<\/li>\n
                  3. Rohit had given a loan of Rs. 70,000 to the firm which was duly paid.<\/li>\n
                  4. A machine which was not recorded in the books was taken over by Kunal at Rs. 3,000 whereas its expected value was Rs. 5,000.<\/li>\n
                  5. The firm had a debit balance of Rs. 15,000 in the Profit and Loss Account on the date of dissolution.<\/li>\n
                  6. Sarthak paid the realisation expenses of Rs. 16,000 out of his private funds, who was to get a remuneration of Rs. 15,000 for completing dissolution process and was responsible to bear all the realisation expenses.<\/li>\n<\/ol>\n<\/div>\n<\/li>\n
                  7. \n
                    Kumar, Shy am and Ratan were partners in a firm sharing profits in the ratio of 5: 3 : 2 respectively. They decided to dissolve the firm with effect from 1st April, 2013. On that date, the balance sheet of the firm was as followsBalance Sheet<\/strong>
                    \nas at 1st April, 2013<\/p>\n\n\n\n\n\n\n\n\n\n\n
                    Liabilities<\/strong><\/td>\nAmt (Rs.)<\/strong><\/td>\nAssets<\/strong><\/td>\nAmt (Rs.)<\/strong><\/td>\n<\/tr>\n
                    Creditors<\/td>\n1,20,000<\/td>\nPlant<\/td>\n80,000<\/td>\n<\/tr>\n
                    Capital A\/cs<\/td>\n<\/td>\nFurniture<\/td>\n45,000<\/td>\n<\/tr>\n
                    Kumar<\/td>\n68,000<\/td>\n<\/td>\nMotor Van<\/td>\n25,000<\/td>\n<\/tr>\n
                    Shyam<\/td>\n50,000<\/td>\n<\/td>\nStock<\/td>\n30,000<\/td>\n<\/tr>\n
                    Ratan<\/td>\n27,000<\/u><\/td>\n1,45,000<\/td>\nDebtors<\/td>\n71,000<\/td>\n<\/tr>\n
                    <\/td>\n<\/td>\nCash<\/td>\n14,000<\/td>\n<\/tr>\n
                    <\/td>\n2,65,000<\/u><\/td>\n<\/td>\n2,65,000<\/u><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                    The dissolution resulted in the following<\/p>\n

                      \n
                    1. Plant of Rs. 40,000 was taken over by Kumar at an agreed value of Rs. 45,000 and remaining plant realised Rs. 50,000.<\/li>\n
                    2. Furniture realised Rs. 40,000.<\/li>\n
                    3. Motor van was taken over by Shyam for Rs. 30,000.<\/li>\n
                    4. Debtors realised Rs. 1,000 less.<\/li>\n
                    5. Creditors for Rs. 20,000 were untraceable and the remaining creditors were paid in full.<\/li>\n
                    6. Realisation expenses amounted to Rs. 5,000.<\/li>\n<\/ol>\n

                      Prepare the realisation account, capital accounts of partners and bank account of the firm.<\/p>\n<\/div>\n<\/li>\n<\/ol>\n

                      Ch-6 Dissolution of Partnership<\/strong><\/p>\n

                      \n

                      Answer<\/strong><\/p>\n

                        \n
                      1. \n
                          \n
                        1. a(i), b(iii), c(ii)
                          \nExplanation:\u00a0<\/strong>Situation 1 : When assets are sold for cash (Bank A\/c Dr. and Realisation A\/c Cr.)
                          \nSituation 2 : When asset is taken over by a partner (Partner\u2019s Capital A\/c Dr. and Realisation A\/c Cr.)
                          \nSituation 3 : When the assets are given to any of the creditors towards the payment of his dues (No Entry in such case).<\/li>\n<\/ol>\n
                            \n
                          1. Realisation Account,\u00a0Explanation:\u00a0<\/strong>realisation account is nominal account. assets sold are recorded on the credit side and liabilities paid off are recorded on the debit side. if credit side is more it is profit and if the debit side is more it is loss.<\/li>\n<\/ol>\n
                              \n
                            1. \n\n\n\n
                              RealisationA\/cDr.<\/p>\n

                              To A\u2019s CapitalA\/c<\/td>\n

                              		20000<\/p>\n

                              20000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                              Explanation:\u00a0<\/strong>When a liability is taken over by a partner, in such a case do not use cash\/bank account for the settlement of that liability.<\/li>\n<\/ol>\n

                                \n
                              1. \n\n\n\n
                                Realisation A\/c Dr.To Bank A\/c<\/td>\n29,000<\/p>\n

                                29,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                                Explanation:\u00a0<\/strong>Repayment of bank loan will take place in debit side of realization account. This transaction will effect only two accounts i.e. Realisation Account and Bank Account.<\/li>\n<\/ol>\n

                                  \n
                                1. Section 44,\u00a0Explanation:\u00a0<\/strong>Section 44 of the Indian Partnership Act, 1932 states that at the suit of a partner, the Court may dissolve a firm.<\/li>\n<\/ol>\n<\/li>\n
                                2. Undistributed profits are distributed among all partners in their profit-sharing ratio in the Cr side of respective partner’s capital account.<\/li>\n
                                3. Journal<\/strong>
                                  \n\n\n\n\n\n\n
                                  Date<\/strong><\/td>\nParticulars<\/strong><\/td>\nL.F.<\/strong><\/td>\nDebit (Rs.)<\/strong><\/td>\nCredit (Rs.)<\/strong><\/td>\n<\/tr>\n
                                  <\/td>\nRavi\u2019s Capital A\/c Dr.<\/td>\n<\/td>\n1,500<\/td>\n…<\/td>\n<\/tr>\n
                                  <\/td>\nTo Bank A\/c<\/td>\n<\/td>\n…<\/td>\n1,500<\/td>\n<\/tr>\n
                                  <\/td>\n(Being expenses of realisation paid by the firm recovered from Ravi as he is supposed to bear realisation expenses)<\/td>\n<\/td>\n…<\/td>\n…<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                                  Note: As Ravi is supposed to bear the Realisation Expenses so if these are paid by the firm; the firm has right to recover it from Ravi. Hence, Ravi’s account has been debited and Bank account has been credited.<\/li>\n

                                4. It is debited because the partner’s claim over the firm is decreased by the amount of asset taken over by him, thus his capital account is decreased.<\/li>\n
                                5. Dissolution of partnership refers to the change in the existing relations of the partners. The firm continues its business.As one or more than one can partner take over the overall business of the firm.<\/li>\n
                                6. A court may order for dissolution of a partnership firm on insolvency of all the partners or all the partners except one become insolvent.<\/li>\n
                                7. Journal<\/strong>
                                  \n\n\n\n\n\n\n\n\n\n\n\n\n\n
                                  Date<\/strong><\/td>\nParticulars<\/strong><\/td>\nL.F.<\/strong><\/td>\nDr.<\/strong><\/td>\nCr.<\/strong><\/td>\n<\/tr>\n
                                  i<\/td>\nRealisation A\/c……..Dr.<\/td>\n<\/td>\n1,500<\/td>\n<\/td>\n<\/tr>\n
                                  <\/td>\nTo Cash A\/c<\/td>\n<\/td>\n<\/td>\n1,500<\/td>\n<\/tr>\n
                                  <\/td>\n(Being expense on realisation paid.)<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
                                  ii<\/td>\nRealisation A\/c……..Dr.<\/td>\n<\/td>\n600<\/td>\n<\/td>\n<\/tr>\n
                                  <\/td>\nTo Mohan’s Capital A\/c<\/td>\n<\/td>\n<\/td>\n600<\/td>\n<\/tr>\n
                                  <\/td>\n(Being expense on realisation paid by partner.)<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
                                  iii<\/td>\nRealisation Account……..Dr.<\/td>\n<\/td>\n2,000<\/td>\n<\/td>\n<\/tr>\n
                                  <\/td>\nTo Mohan’s Capital A\/c<\/td>\n<\/td>\n<\/td>\n2,000<\/td>\n<\/tr>\n
                                  <\/td>\n(Being expense on realisation paid to Mohan.)<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
                                  iv<\/td>\nNo Entry<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/li>\n
                                8. Journal<\/strong>
                                  \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
                                  Date<\/strong><\/td>\nParticulars<\/strong><\/td>\nL.F.<\/strong><\/td>\n(Rs.)<\/strong><\/td>\n(Rs.)<\/strong><\/td>\n<\/tr>\n
                                  (a)<\/td>\nRealisation A\/c<\/td>\nDr.<\/td>\n12,000<\/td>\n……<\/td>\n<\/tr>\n
                                  <\/td>\nTo Bank A\/c
                                  \n(Being bank loan discharged)<\/td>\n                                  		<\/td>\n……<\/td>\n12,000<\/td>\n<\/tr>\n
                                  (b)<\/td>\nRealisation A\/c<\/td>\nDr.<\/td>\n400<\/td>\n….<\/td>\n<\/tr>\n
                                  <\/td>\nTo A\u2019s Capital A\/c
                                  \n(Being commission to A credited to A’s Capital Account)<\/td>\n                                  		<\/td>\n….<\/td>\n400<\/td>\n<\/tr>\n
                                  (c)<\/td>\nA\u2019s Capital A\/c<\/td>\nDr.<\/td>\n20,000<\/td>\n…<\/td>\n<\/tr>\n
                                  <\/td>\nB\u2019s Capital A\/c<\/td>\nDr.<\/td>\n8,000<\/td>\n….<\/td>\n<\/tr>\n
                                  <\/td>\nTo Deferred Advertisement Expenditure A\/c
                                  \n(Being the deleted advertisement expenditure written off by debiting Partner’s Capital Account in Ratio 5:2, i.e. Profit Sharing Ratio)<\/td>\n                                  		<\/td>\n….<\/td>\n28,000<\/td>\n<\/tr>\n
                                  (d)<\/td>\nB\u2019s Capital A\/c<\/td>\nDr.<\/td>\n1,200<\/td>\n…<\/td>\n<\/tr>\n
                                  <\/td>\nTo Realisation A\/c<\/p>\n

                                  (Being Stock taken over by B at Rs. 1,200 at agreed value)<\/td>\n

                                  		<\/td>\n….<\/td>\n1,200<\/td>\n<\/tr>\n
                                  (e)<\/td>\nBank A\/c<\/td>\nDr.<\/td>\n7,000<\/td>\n….<\/td>\n<\/tr>\n
                                  <\/td>\nTo Realisation A\/c<\/p>\n

                                  (Being unrecorded computer sold for Rs. 7,000)<\/td>\n

                                  		<\/td>\n….<\/td>\n7,000<\/td>\n<\/tr>\n
                                  (f)<\/td>\nRealisation A\/c<\/td>\nDr.<\/td>\n2,000<\/td>\n….<\/td>\n<\/tr>\n
                                  <\/td>\nTo Bank A\/c<\/p>\n

                                  (Being outstanding bill paid for repairs)<\/td>\n

                                  		<\/td>\n….<\/td>\n2,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/li>\n
                                9. JOURNAL<\/strong>
                                  \n\n\n\n\n\n\n\n\n\n\n\n\n\n
                                  Date<\/th>\nParticulars<\/th>\n<\/th>\nL.F.<\/th>\nAmount Rs.<\/th>\nAmount Rs.<\/th>\n<\/tr>\n<\/thead>\n
                                  <\/td>\nBank A\/c<\/td>\nDr.<\/td>\n<\/td>\n54,480<\/td>\n<\/td>\n<\/tr>\n
                                  <\/td>\nTo Realisation A\/c
                                  \n(Being assets having the book value of Rs. 48,000 were sold for Rs. 50,000 and assets having the book value of Rs. 6,400 were sold for Rs. 4,480)<\/td>\n                                  		<\/td>\n<\/td>\n<\/td>\n54,480<\/td>\n<\/tr>\n
                                  <\/td>\nRamlal’s Capital A\/c<\/td>\nDr.<\/td>\n<\/td>\n25,600<\/td>\n<\/td>\n<\/tr>\n
                                  <\/td>\nTo Realisation A\/c
                                  \n(Being assets having the book value of Rs. 24,000 were taken over by Ramlal at this value)<\/td>\n                                  		<\/td>\n<\/td>\n<\/td>\n25,600<\/td>\n<\/tr>\n
                                  <\/td>\nor<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
                                  <\/td>\nBank A\/c<\/td>\nDr.<\/td>\n<\/td>\n54,480<\/td>\n<\/td>\n<\/tr>\n
                                  <\/td>\nRamlal’s Capital A\/c<\/td>\nDr.<\/td>\n<\/td>\n25,600<\/td>\n<\/td>\n<\/tr>\n
                                  <\/td>\nTo Realisation A\/c<\/td>\n<\/td>\n<\/td>\n<\/td>\n80,400<\/td>\n<\/tr>\n
                                  <\/td>\n(Being assets having the book value of Rs. 48,000 were sold for Rs. 50,000 and assets having the book value of Rs. 6,400 were sold for Rs. 4,480 & assets having the book value of Rs. 24,000 were taken over by Ramlal at this value)<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                                  Working Notes<\/strong>\u00a0:<\/p>\n

                                    \n
                                  1. Calculation of amount realised from assets<\/strong>\n
                                      \n
                                    1. \n\n\n\n\n\n
                                      60% of Rs. 80,000<\/td>\n48,000<\/td>\n<\/tr>\n
                                      Add: Profit on Sale<\/td>\n2,000<\/td>\n<\/tr>\n
                                      <\/td>\n50,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/li>\n
                                    2. \n\n\n\n\n\n
                                      30% of the remaining
                                      \n(i.e, (20\/100 (Rs. 80,000 – Rs. 48,000)<\/td>\n                                      		6,400<\/td>\n<\/tr>\n
                                      Less: 30% Discount<\/td>\n1,920<\/td>\n<\/tr>\n
                                      <\/td>\n4,480<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                                      Total amount realised from assets Rs. 50,000 + Rs. 4,480 = Rs. 54,480<\/li>\n<\/ol>\n<\/li>\n

                                    3. Calculation of value of assets taken off by Ramlal
                                      \n\n\n\n\n\n
                                      The total Book value of assets<\/td>\n80,000<\/td>\n<\/tr>\n
                                      Less: Book Values of assets sold<\/td>\n54,400<\/td>\n<\/tr>\n
                                      <\/td>\n25,600<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/li>\n<\/ol>\n<\/li>\n
                                    4. Journal Entries<\/strong>
                                      \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
                                      Date<\/strong><\/td>\nParticulars<\/strong><\/td>\nL.F.<\/strong><\/td>\nDr.<\/strong><\/td>\nCr.<\/strong><\/td>\n<\/tr>\n
                                      i<\/td>\nRealisation Account ……..Dr.<\/td>\n<\/td>\n6,000<\/td>\n<\/td>\n<\/tr>\n
                                      <\/td>\nTo Kunal’s Capital Account<\/td>\n<\/td>\n<\/td>\n6,000<\/td>\n<\/tr>\n
                                      <\/td>\n(Being Liabilities taken over by a partner.)<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
                                      ii<\/td>\nRealisation Account ……..Dr.<\/td>\n<\/td>\n27,000<\/td>\n<\/td>\n<\/tr>\n
                                      <\/td>\nTo Bank Account<\/td>\n<\/td>\n<\/td>\n27,000<\/td>\n<\/tr>\n
                                      <\/td>\n(Being payments of liabilities.)<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
                                      iii<\/td>\nRohit’s Loan Account ……..Dr.<\/td>\n<\/td>\n70,000<\/td>\n<\/td>\n<\/tr>\n
                                      <\/td>\nTo Bank Account<\/td>\n<\/td>\n<\/td>\n70,000<\/td>\n<\/tr>\n
                                      <\/td>\n(Being Partner’s Loan paid.)<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
                                      iv<\/td>\nKunal’s Capital Account ……..Dr.<\/td>\n<\/td>\n3,000<\/td>\n<\/td>\n<\/tr>\n
                                      <\/td>\nTo Realisation Account<\/td>\n<\/td>\n<\/td>\n3,000<\/td>\n<\/tr>\n
                                      <\/td>\n(Being unrecorded Assets taken over by a partner.)<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
                                      v<\/td>\nRohit’s Capital Account ……..Dr.<\/td>\n<\/td>\n5,000<\/td>\n<\/td>\n<\/tr>\n
                                      <\/td>\nKunal’s Capital Account ……..Dr.<\/td>\n<\/td>\n5,000<\/td>\n<\/td>\n<\/tr>\n
                                      <\/td>\nSarthak’s Capital Account ……..Dr.<\/td>\n<\/td>\n5,000<\/td>\n<\/td>\n<\/tr>\n
                                      <\/td>\nTo Profit & Loss Account<\/td>\n<\/td>\n<\/td>\n15,000<\/td>\n<\/tr>\n
                                      <\/td>\n(Being P & L distributed.)<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
                                      vi<\/td>\nRealisation Account ……..Dr.<\/td>\n<\/td>\n15,000<\/td>\n<\/td>\n<\/tr>\n
                                      <\/td>\nTo Sarthak Capital Account<\/td>\n<\/td>\n<\/td>\n15,000<\/td>\n<\/tr>\n
                                      <\/td>\n(Being realisation Expense borne by a partner.)<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/li>\n
                                    5. \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
                                      <\/td>\nRealisation<\/strong>\u00a0Account<\/strong><\/td>\nCr<\/td>\n<\/tr>\n
                                      Particulars<\/strong><\/td>\nAmt (Amt)<\/strong><\/td>\nParticulars<\/strong><\/td>\nAmt (Amt)<\/strong><\/td>\n<\/tr>\n
                                      To Sundry Assets A\/c<\/u><\/td>\n<\/td>\n<\/td>\nBy Sundry Liabilities A\/c (Creditors)<\/td>\n<\/td>\n1,20,000<\/td>\n<\/tr>\n
                                      Plant<\/td>\n80,000<\/td>\n<\/td>\nBy Kumar’s Capital A\/c (Plant taken over)<\/td>\n<\/td>\n45,000<\/td>\n<\/tr>\n
                                      Furniture<\/td>\n45,000<\/td>\n<\/td>\nBy Shyam’s Capital A\/c (Motor van taken over)<\/td>\n<\/td>\n30,000<\/td>\n<\/tr>\n
                                      Motor Van<\/td>\n25,000<\/td>\n<\/td>\nBy Cash A\/c<\/u><\/td>\n<\/td>\n<\/td>\n<\/tr>\n
                                      Stock<\/td>\n30,000<\/td>\n<\/td>\nPlant<\/td>\n50,000<\/td>\n<\/td>\n<\/tr>\n
                                      Debtors<\/td>\n71,000<\/u><\/td>\n2,51,000<\/td>\nFurniture<\/td>\n40,000<\/td>\n<\/td>\n<\/tr>\n
                                      To Cash A\/c (Creditors WN2)<\/td>\n<\/td>\n1,00,000<\/td>\nDebtors (71,000 – 1,000)<\/td>\n70,000<\/u><\/td>\n1,60,000<\/td>\n<\/tr>\n
                                      To Cash A\/c (Expenses)<\/td>\n<\/td>\n5,000<\/td>\nBy<\/u>\u00a0Loss on Realisation Transferred to (WN1)<\/u>
                                      \nKumar’s Capital A\/c
                                      \nShyam’s Capital A\/c
                                      \nRatan’s Capital A\/c<\/td>\n                                      		<\/td>\n<\/td>\n<\/tr>\n
                                      <\/td>\n<\/td>\n<\/td>\n500<\/td>\n<\/td>\n<\/tr>\n
                                      <\/td>\n<\/td>\n<\/td>\n300<\/td>\n<\/td>\n<\/tr>\n
                                      <\/td>\n<\/td>\n<\/td>\n200<\/u><\/td>\n1,000<\/td>\n<\/tr>\n
                                      <\/td>\n<\/td>\n3,56,000<\/u><\/td>\n<\/td>\n<\/td>\n3,56,000<\/u><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                                      NOTE : In the absence of any information of realisation of an asset, it has been assumed that nothing is realised from that asset (e.g. stock in this case).<\/p>\n\n\n\n\n\n\n\n\n
                                      Dr<\/td>\nPartners’ Capital Account<\/strong><\/td>\nCr<\/td>\n<\/tr>\n
                                      Particular<\/strong><\/td>\nKumar (Rs.)<\/strong><\/td>\nShyam (Rs.)<\/strong><\/td>\nRatan (Rs.)<\/strong><\/td>\nParticular<\/strong><\/td>\nKumar (Rs.)<\/strong><\/td>\nShyam (Rs.)<\/strong><\/td>\nRatan (Rs.)<\/strong><\/td>\n<\/tr>\n
                                      To Realisation A\/c (Assets taken over)<\/td>\n45,000<\/td>\n30,000<\/td>\n—<\/td>\nBy Balance b\/d<\/td>\n68,000<\/td>\n50,000<\/td>\n27,000<\/td>\n<\/tr>\n
                                      To Realisation A\/c (Loss on the realisation)<\/td>\n500<\/td>\n300<\/td>\n200<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
                                      To Cash A\/c (Final Payment)<\/td>\n22,500<\/td>\n19,700<\/td>\n26,800<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
                                      <\/td>\n68,000<\/u><\/td>\n50,000<\/u><\/td>\n27,000<\/u><\/td>\n<\/td>\n68,000<\/u><\/td>\n50,000<\/u><\/td>\n27,000<\/u><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
                                      Dr.<\/td>\nCash Account<\/strong><\/td>\nCr<\/td>\n<\/tr>\n
                                      Particulars<\/strong><\/td>\nAmt (Rs.)<\/strong><\/td>\nParticulars<\/strong><\/td>\nAmt (Rs.)<\/strong><\/td>\n<\/tr>\n
                                      To Balance b\/d<\/td>\n14,000<\/td>\nBy Realisation A\/c (Creditors)<\/td>\n1,00,000<\/td>\n<\/tr>\n
                                      To Realisation A\/c (Plant, Furniture and debtors realised)<\/td>\n1,60,000<\/td>\nBy Realisation A\/c (Expenses)<\/td>\n5,000<\/td>\n<\/tr>\n
                                      <\/td>\n<\/td>\nBy Kumar’s Capital A\/c (Final Payment)<\/td>\n22,500<\/td>\n<\/tr>\n
                                      <\/td>\n<\/td>\nBy Shyam’s Capital A\/c (Final Payment)<\/td>\n19,700<\/td>\n<\/tr>\n
                                      <\/td>\n<\/td>\nBy Ratan’s Capital A\/c (Final Payment)<\/td>\n26,800<\/td>\n<\/tr>\n
                                      <\/td>\n1,74,000<\/u><\/td>\n<\/td>\n1,74,000<\/u><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                                      working notes:<\/p>\n

                                      1. Loss on Realisation = 1,000<\/p>\n

                                      Loss on Realisation transferred to Kumar’s capital account = 1,000\u00d75\/10 = 500<\/p>\n

                                      Loss on Realisation transferred to Shyam’s capital account = 1,000 \u00d7 3\/10 = 300<\/p>\n

                                      Loss on Realisation transferred to Ratan’s capital account=1,000 \u00d7 2 = 200<\/p>\n

                                      2. Creditors = 1,20,000<\/p>\n

                                      Out of which 20,000 were untraceable<\/p>\n

                                      So the creditors were paid in full settlement amounting 1,20,000 – 20,000 = 1,00,000<\/li>\n<\/ol>\n

                                      \n

                                      Class 12 Accountancy Chapter Wise Solution<\/h2>\n<\/div>\n
                                        \n
                                      1. FS of Non profit Organisation<\/a><\/li>\n
                                      2. Fundamentals of partnership and Goodwill<\/a><\/li>\n
                                      3. Change in Profit sharing ratio of Partners<\/a><\/li>\n
                                      4. Admission of a Partner<\/a><\/li>\n
                                      5. Retirement or Death of a partner<\/a><\/li>\n
                                      6. Dissolution of Partnership<\/a><\/li>\n
                                      7. Accounting for share Capital<\/a><\/li>\n
                                      8. Accounting for Debentures<\/a><\/li>\n
                                      9. Financial Statements and Analysis<\/a><\/li>\n
                                      10. Statement Analysis Tools and Accounting Ratios<\/a><\/li>\n
                                      11. Cash Flow Statement<\/a><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

                                        Practice Questions for Class 12 Accountancy Dissolution of Partnership. myCBSEguide has just released Chapter Wise Question Answers for class 12 Accountancy. There chapter wise Practice Questions with complete solutions are available for download in\u00a0myCBSEguide\u00a0website and mobile app. These test papers with solution are prepared by our team of expert teachers who are teaching grade in … Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1436,1346],"tags":[148,1839,1838,1833,1832,28],"class_list":["post-27267","post","type-post","status-publish","format-standard","hentry","category-accountancy-cbse-class-12","category-cbse","tag-cbse-class-12-accountancy","tag-extra-questions","tag-important-questions","tag-latest-exam-questions","tag-practice-questions","tag-test-papers"],"yoast_head":"\nPractice Questions for Class 12 Accountancy Dissolution of Partnership<\/title>\n<meta name=\"description\" content=\"Practice Questions for Class 12 Accountancy Dissolution of Partnership These test papers are prepared by our team of expert teachers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Practice Questions for Class 12 Accountancy Dissolution of Partnership\" \/>\n<meta property=\"og:description\" content=\"Practice Questions for Class 12 Accountancy Dissolution of Partnership These test papers are prepared by our team of expert teachers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/\" \/>\n<meta property=\"og:site_name\" content=\"myCBSEguide\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/mycbseguide\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-01T10:19:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-10-05T06:57:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2016\/09\/mycbseguide_n.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"599\" \/>\n\t<meta property=\"og:image:height\" content=\"242\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"myCBSEguide\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mycbseguide\" \/>\n<meta name=\"twitter:site\" content=\"@mycbseguide\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"myCBSEguide\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"11 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/\"},\"author\":{\"name\":\"myCBSEguide\",\"@id\":\"https:\/\/mycbseguide.com\/blog\/#\/schema\/person\/f67796d5f5c5a468e8c680aaaad21519\"},\"headline\":\"Practice Questions for Class 12 Accountancy Dissolution of Partnership\",\"datePublished\":\"2019-10-01T10:19:13+00:00\",\"dateModified\":\"2019-10-05T06:57:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/\"},\"wordCount\":2213,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mycbseguide.com\/blog\/#organization\"},\"keywords\":[\"CBSE Class 12 Accountancy\",\"Extra Questions\",\"important questions\",\"latest exam questions\",\"practice questions\",\"Test Papers\"],\"articleSection\":[\"Accountancy\",\"CBSE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/\",\"url\":\"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/\",\"name\":\"Practice Questions for Class 12 Accountancy Dissolution of Partnership\",\"isPartOf\":{\"@id\":\"https:\/\/mycbseguide.com\/blog\/#website\"},\"datePublished\":\"2019-10-01T10:19:13+00:00\",\"dateModified\":\"2019-10-05T06:57:51+00:00\",\"description\":\"Practice Questions for Class 12 Accountancy Dissolution of Partnership These test papers are prepared by our team of expert teachers.\",\"breadcrumb\":{\"@id\":\"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/mycbseguide.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CBSE\",\"item\":\"https:\/\/mycbseguide.com\/blog\/category\/cbse\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Practice Questions for Class 12 Accountancy Dissolution of Partnership\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/mycbseguide.com\/blog\/#website\",\"url\":\"https:\/\/mycbseguide.com\/blog\/\",\"name\":\"myCBSEguide\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/mycbseguide.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/mycbseguide.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/mycbseguide.com\/blog\/#organization\",\"name\":\"myCBSEguide\",\"url\":\"https:\/\/mycbseguide.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mycbseguide.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2016\/04\/books_square.png\",\"contentUrl\":\"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2016\/04\/books_square.png\",\"width\":180,\"height\":180,\"caption\":\"myCBSEguide\"},\"image\":{\"@id\":\"https:\/\/mycbseguide.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/mycbseguide\/\",\"https:\/\/x.com\/mycbseguide\",\"https:\/\/www.linkedin.com\/company\/mycbseguide\/\",\"http:\/\/in.pinterest.com\/mycbseguide\/\",\"https:\/\/www.youtube.com\/channel\/UCxuqSnnygFzwJG0pwogCNEQ\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/mycbseguide.com\/blog\/#\/schema\/person\/f67796d5f5c5a468e8c680aaaad21519\",\"name\":\"myCBSEguide\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Practice Questions for Class 12 Accountancy Dissolution of Partnership","description":"Practice Questions for Class 12 Accountancy Dissolution of Partnership These test papers are prepared by our team of expert teachers.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/","og_locale":"en_US","og_type":"article","og_title":"Practice Questions for Class 12 Accountancy Dissolution of Partnership","og_description":"Practice Questions for Class 12 Accountancy Dissolution of Partnership These test papers are prepared by our team of expert teachers.","og_url":"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/","og_site_name":"myCBSEguide","article_publisher":"https:\/\/www.facebook.com\/mycbseguide\/","article_published_time":"2019-10-01T10:19:13+00:00","article_modified_time":"2019-10-05T06:57:51+00:00","og_image":[{"width":599,"height":242,"url":"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2016\/09\/mycbseguide_n.jpg","type":"image\/jpeg"}],"author":"myCBSEguide","twitter_card":"summary_large_image","twitter_creator":"@mycbseguide","twitter_site":"@mycbseguide","twitter_misc":{"Written by":"myCBSEguide","Est. reading time":"11 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/#article","isPartOf":{"@id":"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/"},"author":{"name":"myCBSEguide","@id":"https:\/\/mycbseguide.com\/blog\/#\/schema\/person\/f67796d5f5c5a468e8c680aaaad21519"},"headline":"Practice Questions for Class 12 Accountancy Dissolution of Partnership","datePublished":"2019-10-01T10:19:13+00:00","dateModified":"2019-10-05T06:57:51+00:00","mainEntityOfPage":{"@id":"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/"},"wordCount":2213,"commentCount":0,"publisher":{"@id":"https:\/\/mycbseguide.com\/blog\/#organization"},"keywords":["CBSE Class 12 Accountancy","Extra Questions","important questions","latest exam questions","practice questions","Test Papers"],"articleSection":["Accountancy","CBSE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/","url":"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/","name":"Practice Questions for Class 12 Accountancy Dissolution of Partnership","isPartOf":{"@id":"https:\/\/mycbseguide.com\/blog\/#website"},"datePublished":"2019-10-01T10:19:13+00:00","dateModified":"2019-10-05T06:57:51+00:00","description":"Practice Questions for Class 12 Accountancy Dissolution of Partnership These test papers are prepared by our team of expert teachers.","breadcrumb":{"@id":"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/mycbseguide.com\/blog\/practice-questions-for-class-12-accountancy-dissolution-of-partnership\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mycbseguide.com\/blog\/"},{"@type":"ListItem","position":2,"name":"CBSE","item":"https:\/\/mycbseguide.com\/blog\/category\/cbse\/"},{"@type":"ListItem","position":3,"name":"Practice Questions for Class 12 Accountancy Dissolution of Partnership"}]},{"@type":"WebSite","@id":"https:\/\/mycbseguide.com\/blog\/#website","url":"https:\/\/mycbseguide.com\/blog\/","name":"myCBSEguide","description":"","publisher":{"@id":"https:\/\/mycbseguide.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mycbseguide.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/mycbseguide.com\/blog\/#organization","name":"myCBSEguide","url":"https:\/\/mycbseguide.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mycbseguide.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2016\/04\/books_square.png","contentUrl":"https:\/\/mycbseguide.com\/blog\/wp-content\/uploads\/2016\/04\/books_square.png","width":180,"height":180,"caption":"myCBSEguide"},"image":{"@id":"https:\/\/mycbseguide.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/mycbseguide\/","https:\/\/x.com\/mycbseguide","https:\/\/www.linkedin.com\/company\/mycbseguide\/","http:\/\/in.pinterest.com\/mycbseguide\/","https:\/\/www.youtube.com\/channel\/UCxuqSnnygFzwJG0pwogCNEQ"]},{"@type":"Person","@id":"https:\/\/mycbseguide.com\/blog\/#\/schema\/person\/f67796d5f5c5a468e8c680aaaad21519","name":"myCBSEguide"}]}},"_links":{"self":[{"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/posts\/27267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/comments?post=27267"}],"version-history":[{"count":9,"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/posts\/27267\/revisions"}],"predecessor-version":[{"id":27446,"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/posts\/27267\/revisions\/27446"}],"wp:attachment":[{"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/media?parent=27267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/categories?post=27267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycbseguide.com\/blog\/wp-json\/wp\/v2\/tags?post=27267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}