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Rosi, Rathi and Rani are partners of a firm sharing profits and losses equally. Rathi retired from the partnership on 1.1.2018. - Accountancy

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प्रश्न

Rosi, Rathi and Rani are partners of firm sharing profits and losses equally. Rathi retired from the partnership on 1.1.2018. On that date, their balance sheet showed accumulated loss of ? 45,000 on the asset side of the balance sheet. Give the journal entry to distribute the accumulated loss.

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उत्तर

Date Particulars L.F. Debit Credit
01.01.2018 Rosi's Capital A/c   Dr.
Rathi's Capital A/c   Dr.
Rani's Capital A/c  Dr.
      To Profit and loss A/c
(Accumulated loss transferred to all
partners capital account)
  15,000
15,000
15,000
45,000
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पाठ 6: Retirement and death of a partner - Exercises [पृष्ठ २१६]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
पाठ 6 Retirement and death of a partner
Exercises | Q IV 2. | पृष्ठ २१६
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