1.

Journalise thefollowing transactions regarding Realisation expenses:[a] Realisationexpenses amounted to Rs 2,500.[b] Realisationexpenses amounting to Rs 3,000 were paid by Ashok, one of thepartners.[c] Realisationexpenses Rs 2,300 borne by Tarun, personally.[d] Amit, a partner wasappointed to realise the assets, at a cost of Rs 4,000. The actualamount 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 amounting 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 realise the assets, at a cost of Rs 4,000. The actual
amount of Realisation amounted to Rs 3,000.



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