Capital A/C : General Reservews Loan Alcand Vijay = 18,400 Bank A/c Total = 1,57,000.500.1,000; Land and Building 2,000Realisthe firm.Loss onYou are required to prepare necessary Ledger Accounts to close the books ofRealisation = 10,000/-; Capital Deficiency : Mr. Aba = 3,0001-3,000/-; Deficiency borne by Sundry Creditors = 6,0001-Cash paid to Sundry Creditors = 10,000/-; Cash Ale Total = 10,5001-Mr. Baba =were partners sharing profit and losses in the proportion ofJay, Ajay and Vijay we2: 2:1. Following is their Balance Sheet as on 31.03.2013Assets were realised as: Machinery 45,000; Stock 18,000; Investment 21,000On the above date, the partners decided to dissolve the firm.Dissolution expenses were 3,000.Goodwill of the firm realised 24,000.Prepare: (1) Realisation Account (2) Partner's Capital Account (3) BanlRealisation=4,000; Amount paid to Partners: Jay=* 56,800; Ajay(Modified March 2015)LiabilitiesAmt. )50,00020.000JayAjayVijayBalance Sheet as on 31st March, 2013.Amt. (*)AssetsMachinery60,000Stock20,000Debtors20,000 Less: R.D.D.6,000 Investment40,000Profit and Loss Alc8,000 Bank14,0001,68,00055,0003,00052,00024,00018,0004,00reditors1,68,ils payable45,000.onProfit(Oct

Capital A/C : General Reservews Loan Alcand Vijay = 18,400 Bank A/c

1.	Capital A/C : General Reservews Loan Alcand Vijay = 18,400 Bank A/c Total = 1,57,000.500.1,000; Land and Building 2,000Realisthe firm.Loss onYou are required to prepare necessary Ledger Accounts to close the books ofRealisation = 10,000/-; Capital Deficiency : Mr. Aba = 3,0001-3,000/-; Deficiency borne by Sundry Creditors = 6,0001-Cash paid to Sundry Creditors = 10,000/-; Cash Ale Total = 10,5001-Mr. Baba =were partners sharing profit and losses in the proportion ofJay, Ajay and Vijay we2: 2:1. Following is their Balance Sheet as on 31.03.2013Assets were realised as: Machinery 45,000; Stock 18,000; Investment 21,000On the above date, the partners decided to dissolve the firm.Dissolution expenses were 3,000.Goodwill of the firm realised 24,000.Prepare: (1) Realisation Account (2) Partner's Capital Account (3) BanlRealisation=4,000; Amount paid to Partners: Jay=* 56,800; Ajay(Modified March 2015)LiabilitiesAmt. )50,00020.000JayAjayVijayBalance Sheet as on 31st March, 2013.Amt. (*)AssetsMachinery60,000Stock20,000Debtors20,000 Less: R.D.D.6,000 Investment40,000Profit and Loss Alc8,000 Bank14,0001,68,00055,0003,00052,00024,00018,0004,00reditors1,68,ils payable45,000.onProfit(Oct
Answer» ROO KARO KAM JALDI SE

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