during the course of dissolution a liability under an action for damange was settled for 1400 against 2100 provided in the books of firm? one partner insolvent
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During the course of dissolution a liability under an action for damages was settled for Rs 1,400 against Rs 2,100 provided in the books of the firm. The expenses of realisation amounted to Rs 900. Goodwill contributed Rs 1,900 from her private Property. Prepare necessary ledger accounts in the books of the firm.
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