हिंदी

On dissolution of a partnership firm, furniture appearing in the Balance Sheet was ₹ 2,00,000. 50% of the furniture was taken over by a partner at ₹ 65,000 and balance 50% was sold - Accounts

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प्रश्न

On dissolution of a partnership firm, furniture appearing in the Balance Sheet was ₹ 2,00,000. 50% of the furniture was taken over by a partner at ₹ 65,000 and balance 50% was sold at 20% less than the book value. The amount debited to bank account was:

विकल्प

  • ₹ 1,45,000

  • ₹ 80,000

  • ₹ 65,000

  • ₹ 1,85,000

MCQ
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उत्तर

₹ 80,000

Explanation:

Total value of furniture = ₹ 2,00,000

50% taken over by a partner:

Value = 50% of ₹ 2,00,000 = ₹ 1,00,000

Taken over by the partner at ₹ 65,000

So. the partner takes over ₹ 65,000 worth of furniture

Remaining 50% sold at 20% less than the book value:

Remaining value = ₹ 1,00,000

20% less than book value = ₹ 1,00,000 – (20% of ₹ 1,00,000) 

= ₹ 1,00,000 – ₹ 20,000

= ₹ 80,000

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अध्याय 5: Dissolution of Partnership Firm - OBJECTIVE TYPE QUESTIONS [पृष्ठ ५.१२५]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
अध्याय 5 Dissolution of Partnership Firm
OBJECTIVE TYPE QUESTIONS | Q (A) 64. | पृष्ठ ५.१२५
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