Accountancy, asked by Diya0606, 6 months ago

Q. 68. If total assets are 25,00,000; total liabilities are 22,00,000, amount teised on
sale of assets is 83,10,000 and realisation expenses are 22,000 what will be
the profit or loss on realisation?
Ans. Loss 1,92,000,

Answers

Answered by nidhiparashar22392
0

Answer:

(a) Realisation expenses of ₹ 15,000 were to be met by Rahul, a partner, but were paid by the firm. 

(b) Ramesh, a partner, was paid remuneration of ₹ 25,000 and he was to meet all expenses.

(c) Anuj, a partner, was paid remuneration of ₹ 20,000 and he was to meet all expenses. Firm paid an expense of ₹ 5,000.

)

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