Question

42. A, B and C were partners in a firm. B retired and his claim including his capital and share of goodwill was
1,80,000. There was an unrecorded furniture estimated at 29,000, half of which was given for an unrecorder
liability of 18,000 in settlement of claim of ? 9,000 and remaining half was taken by B at a discount of 10%
in part satisfaction of his claim, Balance of B's claim was discharged by bank draft Pass necessary soumai
entries to record the above transactions. ​

Answer 1

Answer:

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