Accountancy, asked by MeghSahu, 5 months ago

A, B and C were partners in a firm sharing profuts and losses in the ratio of 2:2:1. On 31 March, 2018 their firm was dissolved. On that date provision for bad debts showed a balance of < 4500. Pass necessary journal entry of treatment of provision for bad debts on the firm dissolution.

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Answered by nirmalakar366

Answer:

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Explanation:

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A, B and C were partners in a firm sharing profuts and losses in the ratio of 2:2:1. On 31 March, 2018 their firm was dissolved. On that date provision for bad debts showed a balance of < 4500. Pass necessary journal entry of treatment of provision for bad debts on the firm dissolution.​

Answers

A, B and C were partners in a firm sharing profuts and losses in the ratio of 2:2:1. On 31 March, 2018 their firm was dissolved. On that date provision for bad debts showed a balance of < 4500. Pass necessary journal entry of treatment of provision for bad debts on the firm dissolution.