Accountancy, asked by adityaaryarkchp, 3 months ago

A,B and C were partners in a firm sharing profits in the ratio 4:3 :3.
On 01-04-2013 they decided to dissolve the firm. On that date A's is capital was Rs. 125000, B's is capital was Rs. 45000 and C's capital was Rs. 15000 (Dr.). The creditors amounted to Rs. 23150 and cash in hand was Rs. 4520. The assets realized Rs. 144910 and the expenses of dissolution were Rs. 1860. Prepare Realisation Account.​

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Answered by savitamehta12313
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