1. Home
  2. /
  3. Blog
  4. /
  5. Uncategorised
  6. /
  7. dissolution-of-partnership-firm-sum-no-10,

dissolution-of-partnership-firm-sum-no-10,

13 Dec 2020 7:34 pm

[6] Dissolution of Partnership Firm – Practical problem – (Balbharati Book Keeping and Accountancy 12th Board Exam)

Practical problem | Q 10 | Page 249

Shweta, Nupur, and Sanika are partners sharing Profits and Losses in the ratio of 3:2:1. Their Balance Sheet as on 31st March 2019 was as follows :

Balance Sheets as on 31st March 2019.

Solution

Working Notes :

(1) From the private assets of Nupur and Sanika, ₹ 3,000 and ₹ 8,000 received and added to the capital accounts. The deficiency of ₹ 4,000 and ₹ 13,000 arrived. Shweta alone has to bear this deficiency.

(2) 60 % of Debtors realised i.e. 60 % of ₹ 1,60,000 = ₹ 96,000.


VISITORS COUNT

087782
Users Today : 467
Total Users : 87781
Views Today : 1588
Total views : 364907

Browse Categories

Archives