Advertisements
Advertisements
प्रश्न
B, C and D were partners in a firm sharing profits and losses in the ratio of 1: 4: 5. On 31st March, 2018 the firm was dissolved and on that date the Balance Sheet of the firm showed a loan of ₹ 10,000 given by C’s brother F. C agreed to pay his brother’s loan.
Pass necessary journal entry for the above on the firm’s dissolution.
रोजकीर्द नोंद
Advertisements
उत्तर
| Journal entry | ||||
| Date | Particulars | L.F. | Dr. (₹) | Cr. (₹) |
| Realisation A/c ...Dr. | 10,000 | - | ||
| To C’s Capital A/c | - | 10,000 | ||
| (Being C’s brother’s loan taken over by C) | ||||
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
