Accountancy, asked by madhujain2octpdrawh, 1 year ago

record necessary general entries in the following cases credited worth rupees 85000 rupees 40000 rupees as cash and investment worth rupees 43000 in full settlement of their claim second creditors were rupees 60000 day accepted machinery value at rupees 18000 in settlement of their claim third creditors were rupees 90000 they accepted building valued at 120000 rupees and paid cash to the firm rupees 30000

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Answered by shivamone

broo I think some things is missing upload the pictures for the ans

shivamone: 1 will be Cash ac dr To realization ac 50000 each 2 realization ac Dr To cash ac 10000 each 3 is realization ac Dr To cash ac ( mr x) 2500 each 4 will be Realization ac Dr To amrits ac 10000 each 5 cash ac Dr to realization ( bad.debts ) 3600 each

shivamone: 6 will be cash ac DR .To realization ac 15000$

madhujain2octpdrawh: broo thank youu

madhujain2octpdrawh: bro if u don't mind u can give me ur no

shivamone: 7704030010

madhujain2octpdrawh: okay I message u later

shivamone: oky

shivamone: not the no this chat and questions willl be deleted by experts

madhujain2octpdrawh: yess I note it

madhujain2octpdrawh: bro check my recent ques

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