Question

Pass necessary Journal entries on the dissolution of a partnership firm 6
in the following cases:
(1) Dissolution Expenses were 700.
(2)Dissolution expenses 700 were paid by Prabhu, a
partner.
(3) Geeta, A partner, was appointed to look after dissolution
work, for which she was allowed a remuneration of *
10,000. Geeta agreed to bear the dissolution expenses.
Actual dissolution expenses 39,500 were paid by Geeta.
(4)]anki, a partner, agreed to look after the dissolution work
for a commission of * 5,000. Janki agreed to bear the
dissolution expenses.
Actual dissolution expenses
35,500 were paid by Mohan, another partner, on behalf
of Janki.
(5) A Partner, Kavita, agreed to look after dissolution process
for a commission of 9,000. She also agreed to bear the
dissolution expenses. Kavita took over furniture * 9,000
for commission. Furniture had already been transferred
to realization account.
(6)A debtors, Ravinder, for 3 19,000 agreed to pay the
dissolution expenses which were
were 18,000 in full
settlement of his debt​

Answer 1

Answer:

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