Question

The firm of R, K, and S was dissolved on 31.3.2019. Pass necessary journal entries for the following after various assets (other than cash and Bank) and the third party
liabilities had been transferred to the realization account.
(i) K agreed to pay off his wife's loan of 6,000.
(ii) Total Creditors of the firm were 340,000. Creditors worth 10,000 were given a piece of furniture costing 8,000 in the full and final settlement. The remaining creditors
allowed a discount of 10%.
(iii) A machine that was not recorded in the books was taken over by Kat 3,000 whereas its expected value was 5,000.
(iv) The firm had a debit balance of 15,000 in the profit and loss A/c on the date of dissolution.
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Answer 1

Answer:

try it by using another way

Explanation:

samjaha kya