[CBSE] Q. 2 solution of Dissolution of Partnership Firm Chapter TS Grewal Book Class 12 2023-24
Are you looking for the solution to Question number 2 of the Dissolution of Partnership Firm Chapter of TS Grewal Book 2023-24 Edition for the CBSE Board?
(a) Pass the Journal entry when an unrecorded liability of ₹ 15,000 is settled at ₹ 10,000 and paid by X, a partner on the dissolution of a firm?
(b) What Journal entry will be passed when a machine having a book value of ₹ 15,000 is given to Rakesh, a creditor of ₹ 22,000 at an agreed value of ₹ 12,000 towards part payment of his dues?
Solution:-
Here is the list of solutions
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