1.

Journalise the following transactions regarding realisation expenses (a) Realisation expenses amounted to Rs. 2,500. (b) Realisation expenses amounted to Rs. 3,000 were paid by Ashok, one of the partners. (c) Realisation expenses Rs. 2,300 borne by Tarun, personally. (d) Amit, a partner was appointed to realize the assets, at a cost of Rs. 4,000. The actual amount of realisation amounted to Rs. 3,000.

Answer»

Journalise the following transactions regarding realisation expenses

(a) Realisation expenses amounted to Rs. 2,500.

(b) Realisation expenses amounted to Rs. 3,000 were paid by Ashok, one of the partners.

(c) Realisation expenses Rs. 2,300 borne by Tarun, personally.

(d) Amit, a partner was appointed to realize the assets, at a cost of Rs. 4,000.

The actual amount of realisation amounted to Rs. 3,000.



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