[CBSE] Q. 4 solution of Dissolution of Partnership Firm Chapter TS Grewal Book Class 12 (2023-24)

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Solution to Question number 4 of the Dissolution of Partnership Firm Chapter of TS Grewal Book 2023-24 Edition for the CBSE Board.

Pass Journal entries for the following:

(a) Realisation expenses of ₹ 10,000 were to be borne by Mohan, a partner, but were paid by the firm.

(b) Mahesh, a partner, was paid remuneration of ₹ 25,000 and he was to meet all expenses.

(c) Suresh, a partner, was paid remuneration of ₹ 20,000 and he was to meet all expenses. Firm paid an expense of ₹ 5,000.

Solution:-

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