Accountancy, asked by mannatkaur3112, 10 months ago

At the time of dissolution , partner 's wife loan Rs 20,000 appeared on the liabilities side of balance sheet settled with interest of Rs 1000 . Pass the necessary journal entry for the settlement of the above.

Answers

Answered by srinumadugula2006

0

Explanation:

the time of dissolution, partners wife loan ₹20000

the liabilities side of balance sheet settled with interest₹1000

₹20000+1000

=21000

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