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| 1. |
Bale and Yale are equal partners of a firm. They decide to dissolve their partnership on 31st March,2018 at which date their Balance Sheet stood as: (a) The assets realised were: Stock ₹ 22,000; Debtors ₹ 7,500; Machinery ₹ 16,000; Building ₹ 35,00. (b) Yale took over the Furniture at ₹ 9,000. (c) Bale agreed to accept ₹ 2,500 in full settlement of his Loan Account. (d) Dissolution Expenses amounted to ₹ 2,500. Prepare the: (i) Realisation Account (ii) Capital Accounts of Partners (iii) Bale’s Loan Account (iv) Bank Account. |
| Answer» COME of politics of social divisionsdepends on how the political leaders RAISE thedemands of any community". EXPLAIN THESTATEMENT | |