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प्रश्न
Give the journal entry to distribute Workman Compensation Reserve' of Rs 60,000 at the time of retirement of Sajjan, when there is not claim against it. The firm has three partners Rajat, Sajjan and Kavita.
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उत्तर
| Journal | ||||
| Date | Particulars | L.F. |
Dr. Rs |
Cr. Rs |
|
Workmen Compensation Reserve A/c Dr. To Rajat's Capital A/c To Sajjan's Capital A/c To Kavita's Capital A/c (Being workmen compensation reserve distributed among all partners in equal ratio 1:1:1) |
60,000
|
20,000 20,000 20,000
|
||
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