On dissolution, patents appearing in Balance Sheet are transferred to which account? Post category:Accountancy Reading time:1 mins read SOLUTION Realisation Account. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostOn firm ’s dissolution, what entry will be passed when a partner voluntarily gives his personal asset to firm’s creditor as payment? Next PostHow is dissolution of partnership different from dissolution of partnership firm? (C.B.S.E. Sample Paper, 2018) You Might Also Like What is the numerator to be used in Trade Receivables Turnover Ratio? October 3, 2022 Bhanu and Partab are partners. sharing profits equally. Their fixed capitals as on 1st April, 2018 are Rs. 8,00,000 and Rs. 10,00,000 respectively. Their drawings during the year were Rs. 50,000 and Rs. 1,00,000 respectively. Interest on Capital is a charge and is to be allowed @ 10% p.a. and interest on drawings is to be charged @ 15% p.a. Net Profit for the year ended 31st March, 2019 was Rs. 1,20,000. Prepare Profit and Loss Appropriation Account. July 21, 2022 A, B and C were partners in a firm sharing profits and losses in the ratio of 4: 3: 2. B retired and his share was taken over by A and C equally. Calculate the gaining ratio. (C.B.S.E. 2019) October 8, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Bhanu and Partab are partners. sharing profits equally. Their fixed capitals as on 1st April, 2018 are Rs. 8,00,000 and Rs. 10,00,000 respectively. Their drawings during the year were Rs. 50,000 and Rs. 1,00,000 respectively. Interest on Capital is a charge and is to be allowed @ 10% p.a. and interest on drawings is to be charged @ 15% p.a. Net Profit for the year ended 31st March, 2019 was Rs. 1,20,000. Prepare Profit and Loss Appropriation Account. July 21, 2022
A, B and C were partners in a firm sharing profits and losses in the ratio of 4: 3: 2. B retired and his share was taken over by A and C equally. Calculate the gaining ratio. (C.B.S.E. 2019) October 8, 2022
