On firm’s dissolution, what entry will be made on realisation of goodwill which was shown in Balance Sheet? Post category:Accountancy Reading time:1 mins read SOLUTION Cash / Bank A/c Dr. To Realisation A/c 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, which account should he prepared at the last? Next PostOn firm ’s dissolution, what entry will be passed when a partner voluntarily gives his personal asset to firm’s creditor as payment? You Might Also Like Aman, Bimal and Deepak are partners sharing profits in the ratio of 2: 3: 5. The goodwill of the firm has been valued at Rs. 37,500. Aman retired. Bimal and Deepak decided to share profits equally in the future. Calculate gain/ sacrifice of Bimal and Deepak on Aman’s retirement and also pass necessary Journal entry for the treatment of goodwill. August 3, 2022 Why is premium on the issue of debentures considered a capital profit? September 29, 2022 2,000 Equity Shares of Rs. 10 each were issued to Limited from whom assets of Rs. 25,000 were acquired. Pass Journal entry. July 14, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Aman, Bimal and Deepak are partners sharing profits in the ratio of 2: 3: 5. The goodwill of the firm has been valued at Rs. 37,500. Aman retired. Bimal and Deepak decided to share profits equally in the future. Calculate gain/ sacrifice of Bimal and Deepak on Aman’s retirement and also pass necessary Journal entry for the treatment of goodwill. August 3, 2022
2,000 Equity Shares of Rs. 10 each were issued to Limited from whom assets of Rs. 25,000 were acquired. Pass Journal entry. July 14, 2022