plzz ans this one the remaining qus has been added to it also - Accountancy - Reconstitution- Retirement/Death of a Partner

Question

plzz ans this one the remaining qus has been added to it also

Sakshi Gupta · Accepted Answer

Dear student
REALISATION ACCOUNT
DR CR

PARTICULAR
AMOUNT
PARTICULAR
AMOUNT

To assets:
debtors 2,42,000
stock 78,000
furniture 10,000
sundry assets 1,70,000

5,00,000
By liabilities :
provision for doubtful debt 12,000
creditors 60,000
D's loan 15,000

87,000

To A's capital A/C (creditors)
60,000
By A's capital A/C:
Furniture 8,000
debtors 182,000

1,90,000

To cash A/C (workmen compensation liability)
10,000
By B's capital A/C
Stock 70,000
sundry assets 72,000

1,42,000

To capital A/C:
A 1,380
B 460
C 460

2300
By C's capital A/C:
Sundry assets 80,000
D's loan 15,300

95,300

By A's capital A/C (Unrecorded assets)
8,500

By bank A/C (Bill receivable)
7,500

By bank A/C (debtors)
42,000

5,72,300

PARTNER CAPITAL ACCOUNT
DR CR

PARTICULAR
A
B
C
PARTICULAR
A
B
C

To B's loan A/C

10,000

By balance B/D
2,75,000
1,00,000
70,000

To realisation A/C
1,90,000
1,42,000
95,300
By loan A/C
10,000

To realisation A/C
8,500

By realisation A/C
60,000

To bank A/C
1,47,880

By realisation A/C (PROFIT)
1,380
460
460

By bank A/C

51,540
24,840

3,46,380
1,52,000
95,300

3,46,380
1,52,000
95 300

BANK A/C
DR CR

PARTICULAR
AMOUNT
PARTICULAR
AMOUNT

To balance B/D
52,000
By realisation A/C
10,000

To cash A/C
10,000
By A capital A/C
1,47,880

To realisation A/C
7,500
By workmen compensation liability
30,000

To realisation A/C
42,000

To B Capital A/C
51,540

To C Capital A/C
24,840

1,87,880

REGARDS

PARTICULAR	AMOUNT	PARTICULAR	AMOUNT
To assets: debtors 2,42,000 stock 78,000 furniture 10,000 sundry assets 1,70,000	5,00,000	By liabilities : provision for doubtful debt 12,000 creditors 60,000 D's loan 15,000	87,000
To A's capital A/C (creditors)	60,000	By A's capital A/C: Furniture 8,000 debtors 182,000	1,90,000
To cash A/C (workmen compensation liability)	10,000	By B's capital A/C Stock 70,000 sundry assets 72,000	1,42,000
To capital A/C: A 1,380 B 460 C 460	2300	By C's capital A/C: Sundry assets 80,000 D's loan 15,300	95,300
		By A's capital A/C (Unrecorded assets)	8,500
		By bank A/C (Bill receivable)	7,500
		By bank A/C (debtors)	42,000


	5,72,300		5,72,300

plzz ans this one...the remaining qus has been added to it also..