SpletThey decided to dissolve their firm. Pass necessary journal entries for the following after various assets (other than Cash and Bank) and third party liabilities have been transferred to Realisation A/c. (a) There was furniture worth Rs 50,000. Aman took over 50% of the furniture at 10% discount and the remaining furniture was sold at 30% ... SpletQ. Kushal Kumar and Kavita were partners in a firm sharing profit in the ratio of 3: 1: 1 On 1 s t A p r i l, 2012 their Balance Sheet was as follows: On the above date Kavita retired and the following was agreed : (i) Goodwill of the firm was valued at Rs 40,000. (ii) Land was to be appreciated by 30% and building was to be depreciated by Rs 1,00,000.
Swati and Aman were partners in a firm. Their fixed capitals were …
Splet14. feb. 2024 · Swati and Aman were partners in a firm. Their fixed capitals were ₹ 9,00,000 and ₹ 3,00,000, respectively. They shared profits in the ratio of their capitals. Divya was … SpletNeena and Sara were partners in a firm with fixed capitals of ` 5,00,000 and ` 4,00,000 respectively. It was discovered that interest on capital @ 6% p.a. was credited to the partners for the two years ending 31st March, 2024 and 31st March, 2024 whereas there was no such provision in the Partnership Deed. Their profit-sharing ratio during monarch recap episode 9
Aman and Harsh were partners in a firm . They decided to
SpletSwati and Aman were partners in a firm. Their fixed capitals were < 9,00,000 and < 3,00,000, respectively. They shared profits in the ratio of their capitals. Divya was admitted as a … Splet09. feb. 2024 · Mohan and Kanwar are partners in a firm. Their firm was dissolved on 1.1.2013. Mohan was assigned the work of dissolution. For this work, Mohan was paid ₹ 500. Mohan paid dissolution expenses of₹ 400 from his own pocket. Will any Journal Entry be passed for ₹ 400 paid by Mohan? Answer: No. Question 12. SpletSwati and Aman were partners in a firm. Their fixed capitals were 9,00,000 and 3,00,000, respectively. They shared profits in the ratio of their capitals. Divya was admitted as a … ibc assisted living