Q11please solve
Q.11
Regards
Journal in the books | ||||
Date | Particulars | Debit | Credit | |
1 | B's Capital A/c | Dr. | 9,600 | |
C's Capital A/c | Dr. | 4,800 | ||
D's Capital A/c | Dr. | 9,600 | ||
To Profit and Loss A/c | 24,000 | |||
(Being accumulated loss transferred to capital account of partners in PSR) | ||||
2 | Bank A/c | Dr. | 4,000 | |
To Realisation A/c | 4,000 | |||
(Being an unrecorded machinery realized) | ||||
3 | Realisation A/c | Dr. | 45,000 | |
To Bank A/c | 45,000 | |||
(Being creditors paid in full settlement) |
Regards