Accountancy, asked by recreatixn2459, 20 days ago

X and Y were partners sharing profits in the ratio of `3:2` . Give Journal entries under following situation at the time of dissolution of firm :
(i) Workmen Compensation Reserve in the Balance Sheet was ₹ 75,000 and there was no liability towards Workmen Compensation .
(ii) Workmen Compensation Reserve was ₹ 60 , 000 and liability was ₹ 75, 000 .
(iii) Workmen Compensation Reserve was ₹ 60, 000 and liability was ₹ 75 , 000 .
(iv) Workmen Compensation Reserve was ₹ 60 , 000 and liability was ₹ 60 , 000 .
(v) Workmen Compensation Reserve was nil and liability was ₹ 15 , 000 .

Answers

Answered by bsbuntysoni25

1

Answer:

I don't know this answer sorry

Previous Question

Next Question

Similar questions

Math, 10 days ago

ABC is a triangle in which AB=AC and P is any point on AC. Through C a line is drawn to intersect BP produce at Q such that angle ABQ=ACQ PROVE THAT ANGLE AQC =90+1÷2anleBAC...

History, 10 days ago

Ano ang centipedes uod ba ito o hayop...

Physics, 10 days ago

List two characteristic properties of magnetic field lines.

Accountancy, 20 days ago

Josh and Krish are partners sharing profits and losses in the ratio of 3:1. Their capitals at the end of the financial year 2015-2016 were Rs. 1,50,000 and Rs. 75,000. During the year 2015-2016, Josh’s drawings were Rs. 20,000 and the drawings of Krish were Rs. 5,000, which had been duly debited to partner’s capital accounts. Profit before charging interest on capital for the year was Rs. 16,000.

Accountancy, 20 days ago

The information given below relates to a sports club . Show them in the Income and Expenditure Account and the Balance sheet of the club as at 31st March , 2019 `{:("sports Fund as at 1st April, 2018",,10.00.000),("sports Fund investments",,10.00.00),("Interest on sports Fund investments",,1.00.000),("Donation for sports Fund",,4.00.000),("Subscription",,1.00.000),("Donation",,50.000),("Sports...

English, 9 months ago

Change these sentences to the active voice, 1. The new monitors of the class were selected by the teacher 2. The best teachers in the country were felicitated by the President on Republic Day "Alas! The ship has been lost forever!' 5. The books should be delivered on time. 6. Plenty of fresh fruits and vegetables must be eaten by you to keep yourself healthy. 7. A lot of money was spent by them...

Math, 9 months ago

find the value of x in each of the following figures ...

English, 9 months ago

1. You (have finished/haven't finished your work have you 6. Kohima is a city in Nagaland, isn't it/s ? 5. Mridula is going to watch a movie, isn't shelis she? 3. Rohini doesn't talk much, (does she doesn't she? 7. Alam (lived/didn't live) in Kerala earlier, did he? 8. The milkman often comes late, (doesn't heldoes he? J Complete these sentences by adding the correct question ta...