'X' and 'Y' are partners in a firm sharing profits
in the ratio of 3 : 2. The book of the firm
provides the following informations on 1st April
2018 :
(i) Assets realized ` 3,00,000.
(ii) Creditors were paid ` 4,750 after deducting
5%.
(iii) General Reserve ` 10,000.
(iv) Capital : 'X' ` 1,50,000 and 'Y's ` 1,25,000.
(v) Bank Loan ` 5,000.
(vi) P & L A/c (Dr.) ` 2,500.
Prepare Realisation Account from the above
informations
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illustrain 17 in hbse,...........................
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