Question

3. Apoorva and Suparva are partners sharing profits and losses in the ratio of 3:2. Their
Balance Sheet as on 31-12-2019 is as follows:
Liabilities
₹
Assets
Z ₹
Sundry creditors
10,000 Cash at Bank
5,000
Bills Payable
10,000 Investments
5,000
Apoorva's Loan
5.000 Bills Receivables
10,000
Reserve Fund
10,000 Debtors
20,000
Capital Accounts:
Stock
15,000
Apoorva
30,000 Machinery
15,000
Suparva
40,000 Furniture
5,000
Building
20,000
Goodwill
10,000
1.05.000
1,05,000
On the above date, the firm was dissolved and the assets realised as follows:
Bills Receivable 37.500. Sundry Debtor's and Stock 10% less than the book value,
Machinery 5% more than the book value Building realised at 312,000. Goodwill considered
worthless, furniture and investments were taken over by Apoorva and Suparva at 34,000 each
respectively. Dissolution expenses were 8600. All the liabilities were discharged in full.
Show the necessary ledger accounts.​

Answer 1

y question smjh ni aarha liabilties or assets amount kha h thik s post kro