Vimod ud Ramare partners in a firms
Open with
in the ratio of The
3151 March 2020 was as follows:
Amount Assets
Sundr Creditors
20,000) Cath in hand
Provision for bad debts
2.000 Пchor
Outstanding Sulsuries
3.000
Cenenl Reserve
Furniture
Workmen Compensation
Plunt and Machinen
20.00
Reserve
Deferred ROVER
Capitals: Vinod
Expenditure
OLD
1.000
40.000
1:50.000
13.00
On the above date. Divij was admitted for 16th sharv in profits in the following term:
(0) Divij brings R1.30,0000 as his capital but could not bring anything for his share of goodwill. It was
decided to open current account lur the wum.
(1) A liability towards workmen compensation was kv.25.000.
() Debten Rs.1.500 will be written oll as bad and a provinou o 5". will be created for bud und
(Tv) Stork was very lucah 10". Turniture after admission Stues and Puntud Machinen
appreciated by RDH
ditors afk00 were pund in cash and creditor of Rs 2000 nro in the booka
where
2
(v) There is an unreurded computer
Newluation and
Answers
Answer:
Vimod ud Ramare partners in a firms
Open with
in the ratio of The
3151 March 2020 was as follows:
Amount Assets
Sundr Creditors
20,000) Cath in hand
Provision for bad debts
2.000 Пchor
Outstanding Sulsuries
3.000
Cenenl Reserve
Furniture
Workmen Compensation
Plunt and Machinen
20.00
Reserve
Deferred ROVER
Capitals: Vinod
Expenditure
OLD
1.000
40.000
1:50.000
13.00
On the above date. Divij was admitted for 16th sharv in profits in the following term:
(0) Divij brings R1.30,0000 as his capital but could not bring anything for his share of goodwill. It was
decided to open current account lur the wum.
(1) A liability towards workmen compensation was kv.25.000.
() Debten Rs.1.500 will be written oll as bad and a provinou o 5". will be created for bud und
(Tv) Stork was very lucah 10". Turniture after admission Stues and Puntud Machinen
appreciated by RDH
ditors afk00 were pund in cash and creditor of Rs 2000 nro in the booka
where
2
(v) There is an unreurded computer
Newluation and