3. Pass Journal entries for the following:
(a) Realisation expenses of 15,000 were to be met by Rahul, a partner, but were paid by the fim
(b) Ramesh a partner, was paid remuneration of 25.000 and he was to meet all expenses
(c) Anuj, a partner, was paid remuneration of 20,000 and he was to meet all expenses. Firm paid an
expense of 5,000.
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Answer:
here is ur answer
Explanation:
1.realisation account debited
to cash account
2.remuneration account debited
to cash account
3.remuneration account debited
to expenses account
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