Explain entries for (a)

Dear student Here as there is dissolution of the firm (assumed as the question is not complete) therefore, Vinod's loan will be debited by 5000 and realisation Account will be credited with the same. Because loan account will have credit balance and to write off the same it will be debited and as investments must have been transferred to realisation Account and so the same will be credited . Regards

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V's loan a/C ( investments taken over)dr. 5,300
To REALISATION A/C 5,300
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Vinod's loan a/c dr. 5000
To realisation a/c 5000
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