Advertisements
Advertisements
प्रश्न
On 1st May, 2025, A, B, C and D were sharing profits and losses in the ratio of 1 : 2 : 3 : 4. C retires on this date and A, B and D agreed to share future profits and losses equally. On this date following balances appeared in their books:
| ₹ | |
| Profit & Loss (Cr. Bal.) | 80,000 |
| Reserve Fund | 40,000 |
| Provident Fund | 35,000 |
Partners decide to record the effect of retirement by a single journal entry. You are required to give the journal entry.
रोजकीर्द नोंद
Advertisements
उत्तर
| Journal |
||||
| Date | Particulars | L.F. | Dr. (₹) | Cr. (₹) |
| A’s Capital A/c ...Dr. | 28,000 | |||
| B’s Capital A/c ...Dr. | 16,000 | |||
| To C’s Capital A/c | 36,000 | |||
| To D’s Capital A/c | 8,000 | |||
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
