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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 5 years, 3 months ago

CBSE > Class 12 > Accountancy

4 answers

Nav Dhillon 5 years, 3 months ago

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

1Thank You

Deepika Rose 5 years, 3 months ago

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

2Thank You

J K 5 years, 3 months ago

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

0Thank You

J K 5 years, 3 months ago

₹7760

0Thank You

ANSWER

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