1.

How will you deal with the realisation expenses of the firm of Rashim and Bindiya in the following cases: 1. Realisation expenses amounts to Rs. 1,00,000. 2. Realisation expenses amounting to Rs. 30,000 are paid by Rashim, a partner. 3. Realisation expenses are to be borne by Rashim for which he will be paid Rs. 70,000 as remuneration for completing the dissolution process. The actual expenses incurred by Rashim were Rs. 1,20,000.

Answer»

How will you deal with the realisation expenses of the firm of Rashim and Bindiya in the following cases:

1. Realisation expenses amounts to Rs. 1,00,000.

2. Realisation expenses amounting to Rs. 30,000 are paid by Rashim, a partner.

3. Realisation expenses are to be borne by Rashim for which he will be paid Rs. 70,000 as remuneration for completing the dissolution process.

The actual expenses incurred by Rashim were Rs. 1,20,000.



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