ncert Q . 12 DEBTORS are given 18600 in the balance sheet.

debtors amounting to rs 10000 realised rs 8000. the remaining debtors realised 50% at their book value. then in the realisation a/c why the amount rs 12300 is given . please show its working note.

My previous reply is not appearing properly.

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Here is the working calculations in simple presentation.

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Total Debtors = Rs. 18,600

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(i) For Debtors of Rs. 10,000:

Book Balance = Rs. 10,000

Amount actually received = Rs. 8,000

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(ii) For remaining Debtors:

Book Balance of remaining Debtors = Rs. 18,600 - Rs. 10,000 = Rs. 8,600

Amount actually received = 50% of Rs. 8,600 = Rs. 4,300

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Total amount received = Rs. 8,000 [from (i) above] + Rs. 4,300 [from (ii) above] = Rs. 12,300

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Hi Jayshree,

"Realisation Account" records the amounts realised from assets and amounts paid to discharge liabilities.

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In respect of Debtors, this account shows the amount received from Debtors in full settlement.

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Total Debtors = Rs. 18,600

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Debtors Realisation Rs. 10,000 of Debtors Rs. 10000 Rs. 8000 Remaining Rs. 8600 50% of Rs. 8,600 = Rs. 4,300 Total Rs. 18600 Rs. 12,300
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