Q. 6 solution of Dissolution of Partnership Firm Chapter TS Grewal Book Class 12 2021-22

Share your love

Are you looking for the solution of Question number 6 of the Dissolution of Partnership Firm Chapter of TS Grewal Book 2021-22 Edition for the 2021-22 session?

Question number 6 of the Dissolution of Partnership Firm chapter is a practical one.

Solution of Question Number 6 of Dissolution of Partnership Firm Chapter of TS Grewal Book 2021-22 Class 12

Question – 6

Pass necessary Journal entries in the following cases:

a) Creditors worth ₹85,000 accepted ₹40,000 as cash and Investment worth ₹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:-

Share your love
Default image
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: 954

Leave a Reply

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

error: Content is protected !!