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P and q are partners sharing …

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P and q are partners sharing profit and losses in the ratio 3:2 Liabilities amount asset. Amount Creditors 12000. Furniture 18000 Bills payable 6000 Creditors are to be taken over (paid) by q And furniture is to be realised at 10% more than their book value . realisation gain/loss will be : A) realisation gain 1800 B) realisation loss 1800 C) realisation gain 7800 D) realisation loss 7800

    • Posted by Swastika Jain 3 months ago

    CBSE > Class 12 > Accountancy
    • 3 answers

    Siva Kalai 3 months ago

    According in very like subject

    0Thank You

    Preha Khanna 3 months ago

    realisation loss 1800

    0Thank You

    Radical Gamers 3 months ago

    Realisation gain 7800

    4Thank You

    ANSWER
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