plzz ans thisss qus...its urgent
Dear student
realisation A/C
dr cr
PARTNER CAPITAL A/C
dr cr
BANK ACCOUNT
dr cr
Regards
realisation A/C
dr cr
PARTICULAR | AMOUNT | PARTICULAR | AMOUNT |
To sundry assets A/C debtors land and building furniture stock |
30,000 243000 15000 20000 |
By Sundry liabilities creditors bill payable R loan |
50,000 15,000 12,000 |
To bank A/C creditor bill payable |
45000 13500 |
By bank A/C Debtors land and building furniture |
28,000 280,000 12,000 |
To D (commission) | 16,000 | By G | 50,000 |
To Bank A/C | 12,000 | By bank A/C | 2,500 |
To capital A/C D 23,333 G 23,334 T 23,333 |
70,000 |
By T | 10,500 |
By bank A/C | 4,500 | ||
4,64,500 | 4,64,500 |
PARTNER CAPITAL A/C
dr cr
PARTICULAR | D | G | T | PARTICULAR | D | G | T |
To balance b/d | 25,000 | By balance b/d | 1,00,000 | 1,50,000 | |||
To realisation A/C | 50,000 | 10,500 | By realisation A/C (profit) | 23,333 | 23,334 | 23,333 | |
To loan A/C | 2,000 | By realisation A/C | 16,000 | ||||
To bank A/C | 141333 | 162833 | By workmen compensation A/C | 2,000 | 2,000 | 2,000 | |
By bank A/C | 29,666 | ||||||
141333 | 75000 | 175333 | 141333 | 75000 | 175333 | ||
BANK ACCOUNT
dr cr
PARTICULAR | AMOUNT | PARTICULAR | AMOUNT |
To balance b/d | 38000 | By D | 141333 |
To G | 29666 | By T | 162833 |
To realisation A/C | 320000 | By realisation A/C | 12,000 |
To realisation A/C | 2500 | By realisation A/C | 58,500 |
To realisation A/C | 4500 | By compensation liability | 20,000 |
394666 | 394666 |
Regards