[CBSE] Q. 6 solution of Dissolution of Partnership Firm Chapter TS Grewal Book Class 12 (2023-24)
Are you looking for the solution to Question number 6 of the Dissolution of Partnership Firm Chapter of TS Grewal Book 2023-24 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:-
Here is the list of solutions
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