realisation expenses are to be borne by john for which he will be paid 1000.actual expenses amounted to 1500.
journalise

two entries will be done
1. realisation A/c  dr          ​  ​1000  ​
        to john's capital A/c              1000
2. john.s capital A/c  dr        1500
            to cash A/c                        1500
    

  • 2
Only one entry. That is the first one, realization to partner 1000
  • 1
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