[CBSE] Q. 6 Dissolution of Partnership Firm Solution TS Grewal Class 12 2024-25

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Solution to Question number 6 of the Dissolution of Partnership Firm Chapter of TS Grewal Book 2024-25 Edition for the CBSE Board.

Pass necessary Journal entries in the following cases:

(a) Creditors of ₹ 85,000 accepted ₹ 40,000 as cash and investment of ₹ 43,000, in full settlement of their claim.

(b) Creditors were ₹ 16,000. They accepted Machinery valued at ₹ 18,000 in settlement of their claim.

(c) Creditors were ₹ 90,000. They accepted Building valued at ₹ 1,20,000 and paid cash to the firm ₹ 30,000.

Solution:-

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Anurag Pathak

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