Question

sosoo
balance sheet
on 31. 12. 2017.
Balance sheet
3
creditons
35ooo cash at bank
Loan from sock
3oooo Debtors 9oood
General reserve Soooo
E Provision 3500 Gasoo
Stock
Bills receivable
380oo
looooo
Loond building 200000
from
40
Capital:
Jack
11.
4, GS1000
4, 65, ooo
Jack & Jill decided to dissolve the
All arrets
firmi
aco eclept bill neceivable, se
nearvates sealised
uooooo
Bills neceivable were taken over by
Sock at
creditors agreed to accept & 30000 in full
Saripfactio
ion of their claire. Cost of realisation was
There was a
computer in the firm
which was bought by out of the firm's money, was
not shown in the books of firm
& 8000 at the time of dissolution. There was
contingent liability in respect of bills of 4000
were under discount.
قه ۱۷ بار​

Answer 1

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Answer 2

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