[ISC] Q. 5 Dissolution of Partnership Firm Solution TS Grewal Book Class 12 (2023-24)

Share your love

Solution to Question number 5 of the Dissolution of Partnership Firm Chapter of TS Grewal Book 2023-24 Edition for the ISC Board?

Pass the Journal entries for the following transactions at the time of dissolution:

(i) Realisation expenses of ₹ 5,000 paid by the firm which were to be borne by Aman, a partner.

(ii) Realisation expenses of ₹ 6,000 were paid by Ramesh, a partner.

(iii) Realisation expenses were ₹ 14,000; ₹ 8,000 were to be borne by the firm and the balance by Sanjay, a partner. The expenses were paid by Sanjay.

(iv) Realisation expenses paid by firm were ₹ 30,000. Out of the said expenses, ₹ 22,000 were to be borne by the firm and balance by Sonu, a partner.

(v) Realisation expenses of ₹ 6,000 paid by Rajesh, a partner, who was to bear these expenses.

(vi) Realisation expenses of ₹ 8,000 were paid by Subrato for which he was allowed ₹ 5,000.

Solution:-

Here is the list of solutions

S.NSolutions
1Question – 1
2Question – 2
3Question – 3
4Question – 4
5Question – 5
6Question – 6
7Question – 7
8Question – 8
9Question – 9
10Question – 10
S.NSolutions
11Question – 11
12Question – 12
13Question – 13
14Question – 14
15Question – 15
16Question – 16
17Question – 17
18Question – 18
19Question – 19
20Question – 20
S.NSolutions
21Question – 21
22Question – 22
23Question – 23
24Question – 24
25Question – 25
26Question – 26
27Question – 27
28Question – 28
29Question – 29
30Question – 30
31Question – 31
Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 5884

Leave a Reply

Your email address will not be published. Required fields are marked *

close

Ad Blocker Detected!

Our Website is made possible by displaying online advertisements to our visitors. Please consider supporting us and remove the AD - Blocker to read this article.

Refresh