Question

(c)
Dr.
Realisation A/c
To Loan to Partner A/C
(d)
None of these
6. A company forfeited 4,000 shares of * 10 each on which application money of 3
been paid. Out of these 2,000 shares were reissued as fully paid up and 34,000 has
transferred to capital reserve. Calculate the rate at which these shares were reissue
(a) ₹10
per
share
(6) 9 per share
(c) 11 per share
(d) 8 per share
7. On the basis of the following data, how much final payment will be made to a partn
firm's dissolution? Credit balance of capital account of the partner was 50,000.
of loss on realization amounted to 310,000. Firm's liability taken over by him w
8,000.
(a) 32,000
(6) *48,000
(c) 40,000
(d) 52,000
8. Arun and Vijay are partners in a firm sharing profits and losses in the ratio of 5:
Balance Sheet (an Extract)​

Answer 1

Answer:

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