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Journal entry for realisation expenses of …

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Journal entry for realisation expenses of Rs. 6000 paid by Kamal on behalf of maya

Posted by Vijayalakshmi K 5 years, 10 months ago

CBSE > Class 12 > Accountancy

5 answers

Himanshi Kumari 5 years, 10 months ago

The entry will be like this: Maya A/C.........Dr To Komal A/C

Ruchika Kumar 5 years, 10 months ago

maya's capital a/c......Dr 6000 to kamal's capital a/c 6000

Akash Kashyap 5 years, 10 months ago

Realisation a/c Dr.6000 To Kamal's capital a/c 6000

kaja****@***** 5 years, 10 months ago

Realisation expenses a/c Dr.6000 To kamal a/c 6000

Ritika Mehra 5 years, 10 months ago

Rrealisation a/c Dr. 6000 To kamal a/c. 6000

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Accounting for partnership Firms Fundamentals notes

Posted by Mohd Aman Mansoori 1 year, 5 months ago

CBSE > Class 12 > Accountancy

0 answers

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Posted by Srishti Arya 1 year, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

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Posted by Mahi . 1 year, 4 months ago

CBSE > Class 12 > Accountancy

0 answers

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Posted by Palak Sharma 1 year, 4 months ago

CBSE > Class 12 > Accountancy

0 answers

Ativ, Meha and Nupur were partners in a firm sharing profits and losses in the ratio of 5 : 3:2. On 31-03-2016 their Balance sheet was as under: Liabilities Amount (T) Assets Amount (R) | Trade Creditors 26,500 Bank 23.500 Debtors 1,00,000 Stock 50,000 Fixed Assets 40,000 Advertisement Expenditure 25,000 Employees Provident Fund Ativ's Capital Meha's Capital 30,000 55,000 1,20,000 Nupur's Capital 10,000 2,40,000 2,40,000 Ativ retired on 1-4-2016. For this purpose, the following adjustments were agreed upon: (i) Goodwill of the firm was to be valued at 2 years purchase of the average profits of 3 completed years preceding the date of retirement. The profit for previous years were: 2013-14 55,000; 2014-15 7 65,000; 2015-16 7 60,000.

Posted by Munni Lal 1 year, 5 months ago

CBSE > Class 12 > Accountancy

0 answers

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Posted by Shashank Shukla 1 year, 4 months ago

CBSE > Class 12 > Accountancy

0 answers

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CBSE > Class 12 > Accountancy

0 answers

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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Posted by Riya Chandan 1 year, 5 months ago

CBSE > Class 12 > Accountancy

0 answers

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