Question

What Journal entries will be made for the following transactions on the
dissolution of firm :
a)
Realisation expenses Rs. 750.
b)
Building worth Rs. 50,000 taken over by a partner Karan.
Loss on Realisation amounted to Rs. 10,000 is to be distributed equally
c)
between A and B.
d)
An unrecorded asset realised Rs. 8,000.​

Answer 1

Answer:

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