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Land and building book value 160000, …

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Land and building book value 160000, sold for 300000 through a broken who charge 2 % commission on the deal. Journlise the transaction at the time dissolution of the firm two point only
  • 2 answers

Prachi Singh 6 years, 10 months ago

Bank A/C......Dr. 2,94,000 To realisation A/C 2,94,000

Shweta Aggarwal 6 years, 10 months ago

Bank A/C. Dr. 300000 To realisation A/C 300000 Realisation A/C. Dr. 6000 To Bank A/C. 6000
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