Accountancy, asked by harpreetdosanjh0515, 5 months ago

a joints life policy of ₹70000 was taken on the dissolution of the firm. it was shown in balance sheet as ₹30000 . it was surrender at 70%.how much amount will be credit to realisation account

Answers

Answered by CAManishK
1

Answer:

49,000

Explanation:

70% of total policy amount (70,000) = 49,000

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