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AccountancyDissolution of a Partnership Firm

Class 12AccountancyChapter 58 marksChallenging

Watch this chapter

Accountancy · Class 12Dissolution of a Partnership FirmVideo coming soonRead the notes instead

Realisation Account, Settlement of Accounts, Unrecorded Assets and Liabilities and the board questions built on them — roughly 8 marks of the paper.

What this chapter covers

  1. 1Realisation Account
  2. 2Settlement of Accounts
  3. 3Unrecorded Assets and Liabilities
  4. 4Partner's Loan
  5. 5Insolvency of a Partner

These lessons are being recorded. The written notes for this chapter are free to download now.

Learning resources

In the notes

Topics covered

  1. 01Realisation Account24:41
  2. 02Settlement of Accounts25:42
  3. 03Unrecorded Assets and Liabilities10:23
  4. 04Partner's Loan33:55
  5. 05Insolvency of a Partner15:19

After this chapter you can

  • Explain realisation account without reading from the book
  • Present settlement of accounts in the format the marking scheme rewards
  • Attempt every previous year question set on this chapter
Marks
8
PYQs
7
Video
1h 50m

Then do the work

Practice

Important questions
30
Board questions
27
Numericals & applications
27
Open practice set

Revise

  • One-shot revision, 28 minutes
  • Format sheet for this chapter
  • Printable summary, 2 pages
Revision material

Prepare

Board appearances of Dissolution of a Partnership Firm by year
YearAsked asMarks
2025Case based12
2024MCQ set8
2023Long answer12
2022Short answer8
2021Case based8
All PYQs
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Follow the Seedha path

Target 95+ in Accountancy

Padho, Likho, Revise and Marks Laao. Chapter 5 of 11 — keep going while the format is fresh.