Gadgil mad sinkar are equal partners they dissolve the partnership firm on
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Correct option is
D
Rs. 10,000 (loss)
Divya's Capital - 30,000
Sweta's Capital - 40,000
Total - 70,000
cash balance - 60,000
Loss = total capital- cash available= 70,000 - 60,000 = 10,000
10,000 will be taken as loss on realization.
thus Bank Account Particulars are:
particulars Amount particulars Amount
To balance b/d 60000 By Divya's Capital A/C 30000
To loss on realization
( Remaining balance) 10000 By Sweta's Capital A/C 40000
Total 70000 Total 70000
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