anybody solve the 20th problem 20. Anu and Tanu are partners Sharing pronts and They agreed to
their firm on 3 when Sheet
Sheet on a 1.3.2018
Capitals :
Anu
t:ese.Ne hand
'tors
Bills Payable
90000
1,70000
10,000
60,000
20.000
Investments
Stock
Sundry Debtors
Cash at bank
70.000
,03000
15.000
The and liabilities disposed Off as follows;
Machinery were given to creditors in full of their account and Sun
were given to Bills Payable in full settlement.
(b) Tanü took over Investments at value. Sundry Debtors of b.x•k value
50,000 were taken over by Anu at less and remaining Debtors
51,000.
(cl Realisation were amounted to 2,000
Prep are:
L Realisation A/c
2. partners' Capital Accounts and
3. Bank A/c
Realisation 21,000, capital paid: Aun 38,400.
Thanu 25,600, and Bank A/c Total 66,000.)
21. Sanjay and Veneet are partners sharing proms and losses in the ratio . On
their Balance Sheet was as follows:
Balance Sheet as on 31.3.2018
Capitals •
Sanjay
Creditors
Bills P"able
1,50.000
2 , 70,000
80,000
30.000
Plant
Debtors
Furniture
Stock
Investmen ts
Bills Receivable
Cash in hand
90000
60,000
32,000
60 ooo
70,000
36 ,ooo
32,000
@.80000
