Accountancy, asked by ranjanrishabh2000, 2 months ago


6. J, K and M are in partnership sharing preats and losses = the ratio :3:3
They decided to dissolve the fire. On the date of assolutions, creates as
and Bills Payable 20,000. The Capitals of J. and M were 30.000 € 2.000 30
(Dr. Balance) respectively. K had taken € 15,000 from his wife for the firm The stessa
firm sold for 7 1,02,500. M became insolvent and contributed nothing
Prepare necessary accounts and close the books of the firs
(Ans. Realisation Loss + 12.500; Final Payment J 17,045: 14,205. Mrs debeat
Shared by J7 12,955, K+10,795.)​

Answers

Answered by pragha
0

Answer:

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