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P, a partner, was appointed to …

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P, a partner, was appointed to look after the process of dissolution for which he was allowed a remuneration of $7000. P agreed to bear the dissolution expenses. Actual dissolution expenses$4000 were paid by P

    • Posted by Puja Kanoo 8 years, 2 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Radhika Garg 8 years, 2 months ago

    Ps capital a/c dr. 7000 To realisation a/c 7000 Realisation a/c dr. 4000 To ps capital a/c 4000

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