Accountancy, asked by TbiaSamishta, 1 year ago

Land and building (book value) 160000 sold for 300000 through a broker who changed 2% commission on the deal. Journalise the transaction at the time of dissolution of the firm.

Answers

Answered by Aishaafreen29

12

bank a/c dr 294000

to realisation a/c 294000

3ooooo into 2%, 300000_ 6000= 294000

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