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On dissolution of a firm,balance sheet …

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On dissolution of a firm,balance sheet revealed total creditor 50000,total capital 48000,cash balance 3000,its asset realised at 12%less .so what will be the loss on realisation???????? Please answer this .....anyone help me

    • Posted by Nav Dhillon 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 4 answers

    Nav Dhillon 6 years, 11 months ago

    But how u get dis answer i want to know.....

    1Thank You

    Deepika Rose 6 years, 11 months ago

    The loss on realisation will be- 36740 And it will be distribute among parter

    2Thank You

    J K 6 years, 11 months ago

    Sorry but I don't think it will be loss it will bring profit of ₹36240

    0Thank You

    J K 6 years, 11 months ago

    ₹7760

    0Thank You

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