[CBSE] Q 41 DK Goel Dissolution of a Partnership Firm Solutions Class 12 (2024-25)
Solution of Question number 41 of Dissolution of a Partnership Firm chapter 5 of DK Goel Class 12 CBSE (2024-25)
Q. 41. A, B and C were partners in a firm sharing profits in the ratio of 5 : 3 : 2. On 1-4-2022 they decided to dissolve the firm. On that date A’s Capital was ₹ 2,00,000, B’s Capital was ₹ 10,000 (Dr.) and C’s Capital was ₹ 25,000 (Dr.). The Creditors amounted to ₹ 80,000 and Cash balance was ₹ 12,000. The assets realised ₹ 2,00,000; Creditors were paid at a discount of 10% and the expenses of dissolution were ₹ 1,240. All partners were solvent. Prepare realisation account, partner’s capital accounts and the cash account.
[Ans. Book Value of Assets (other than Cash) ₹ 2,33,000; Loss on Realisation ₹ 26,240; Cash paid to A ₹ 1,86,880; Cash brought in by B ₹ 17,872 and by C ₹ 30,248; Total of Cash Account ₹ 2,60,120.]
Solution:-
Here are the solutions of Dissolution of a Partnership Firm chapter 5 of DK Goel Class 12 CBSE (2024-25)
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1 | Question – 1 | |
2 | Question – 2 | |
3 | Question – 3 | |
4 | Question – 4 | |
5 | Question – 5 | |
6 | Question – 6 | |
7 | Question – 7 | |
8 | Question – 8 | |
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10 | Question – 10 |
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11 | Question – 11 | |
12 | Question – 12 | |
13 | Question – 13 | |
14 | Question – 14 | |
15 | Question – 15 | |
16 | Question – 16 | |
17 | Question – 17 | |
18 | Question – 18 | |
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20 | Question – 20 |
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22 | Question – 22 | |
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25 | Question – 25 | |
26 | Question – 26 | |
27 | Question – 27 | |
28 | Question – 28 | |
29 | Question – 29 | |
30 | Question – 30 |
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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 |