Prepare :
Realisation account
Partner's Capital account
Pass necessary journal entries

Dear Student,
Here is your answer,

Note: Student, as in the queston proper balancesheet is not given therefore we can not make realisation account that is why loss on realistion has already been calculated in the question.


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Explain any four properties of correlation coefficient?
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These are the journal entries of this question

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these are the partner's capital accounts

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this is partner's capital accounts

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What are you looking for?