[CBSE] Q 39 DK Goel Dissolution of a Partnership Firm Solutions Class 12 (2024-25)
Solution of Question number 39 of Dissolution of a Partnership Firm chapter 5 of DK Goel Class 12 CBSE (2024-25)
Q. 39. A, B and C are in partnership sharing profits and losses in the proportions of 1/2, 1/3 and 1/6 respectively. On 31st January, 2024 they decide to dissolve the partnership, and the position of the firm on this date is represented by the following Balance Sheet:
| Liabilities | ₹ | Assets | ₹ |
| Creditors | 40,000 | Land and Buildings | 57,000 |
| Loan Account: A | 10,000 | Stock | 50,000 |
| Capital Accounts A B C | 60,000 40,000 10,000 | Sundry Debtors | 50,000 |
| Cash at Bank | 3,000 | ||
| 1,60,000 | 1,60,000 |
During the course of realisation, a liability under a suit for damages is settled at ₹ 20,000 as against ₹ 5,000 only provided for in the books of the firm.
Land and Buildings were sold for ₹ 40,000 and the stock and Sundry Debtors realised ₹ 30,000 and ₹ 42,000 respectively. The expenses of realisation amounted to ₹ 1,200. You are required to prepare Realisation Account, Cash Account and Partners Capital Accounts in the books of the firm.
[Ans. Loss on Realisation ₹ 61,200; Cash paid to A ₹ 29,400; B ₹ 19,600 and Cash brought in by C ₹ 200; Total of Bank A/c ₹ 1,15,200.]
Solution:-
Here are the solutions of Dissolution of a Partnership Firm chapter 5 of DK Goel Class 12 CBSE (2024-25)
| S.N | Questions | |
| 1 | Question – 1 | |
| 2 | Question – 2 | |
| 3 | Question – 3 | |
| 4 | Question – 4 | |
| 5 | Question – 5 | |
| 6 | Question – 6 | |
| 7 | Question – 7 | |
| 8 | Question – 8 | |
| 9 | Question – 9 | |
| 10 | Question – 10 |
| S.N | Questions | |
| 11 | Question – 11 | |
| 12 | Question – 12 | |
| 13 | Question – 13 | |
| 14 | Question – 14 | |
| 15 | Question – 15 | |
| 16 | Question – 16 | |
| 17 | Question – 17 | |
| 18 | Question – 18 | |
| 19 | Question – 19 | |
| 20 | Question – 20 |
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| 21 | Question – 21 | |
| 22 | Question – 22 | |
| 23 | Question – 23 | |
| 24 | Question – 24 | |
| 25 | Question – 25 | |
| 26 | Question – 26 | |
| 27 | Question – 27 | |
| 28 | Question – 28 | |
| 29 | Question – 29 | |
| 30 | Question – 30 |
| S.N | Questions | |
| 31 | Question – 31 | |
| 32 | Question – 32 | |
| 33 | Question – 33 | |
| 34 | Question – 34 | |
| 35 | Question – 35 | |
| 36 | Question – 36 | |
| 37 | Question – 37 | |
| 38 | Question – 38 | |
| 39 | Question – 39 | |
| 40 | Question – 40 |
