Greetings meritnation experts,
Can you please solve this question for me as i am not able to tally my bank A/C in this question #neha maam
Thank you
Naveed
Dear Student,
Regards,
| Realisation A/c | |||||||
| Date | Particulars | Amount (in Rs) | Date | Particulars | Amount (in Rs) | ||
| Debtors A/c | 190,000 | Loan A/c | 18,000 | ||||
| Furniture A/c | 28,000 | Provident Fund A/c | 15,000 | ||||
| Stock A/c | 32,000 | Creditors A/c | 22,000 | ||||
| Other Sundry Assets A/c | 160,000 | Provision for Doubt Ful Debt A/c | 10,000 | ||||
| A's Capital A/c | |||||||
| A's Capital A/c (Creditors Taken over) | 22,000 | Furniture Taken over | 24,000 | ||||
| C's Capital A/c (Loan Taken Over with outstanding Liability) | 20,000 | Debtors Taken over | 140,000 | 164,000 | |||
| B's Capital A/c | |||||||
| Stock | 24,000 | ||||||
| Sundry Assets | 108,000 | 132,000 | |||||
| C's Capital A/c (Remaining Other Sundry Assets taken over) (1,60,000*10%*80%) |
12,800 | ||||||
| Bank A/c (Debtors) | 20,000 | ||||||
| Capital A/c | |||||||
| A | 23,280 | ||||||
| B | 23,280 | ||||||
| C | 11,640 | 58,200 | |||||
| 452,000 | 452,000 | ||||||
| Partner's Capital A/c | |||||||
| Particulars | A’s Capital A/c | B’s Capital A/c | C’s Capital A/c | Particulars | A’s Capital A/c | B’s Capital A/c | C’s Capital A/c |
| Realisation A/c | 164,000 | Balance b/d | 180,000 | 170,000 | 20,000 | ||
| Realisation A/c | 132,000 | Realisation A/c (Creditors Taken Over) | 22,000 | ||||
| Realisation A/c | 12,800 | Realisation A/c (Loan Taken Over) | 20,000 | ||||
| Cash A/c | 4,000 | ||||||
| Realisation A/c (Loss) | 23,280 | 23,280 | 11,640 | ||||
| Bank A/c | 10,720 | 14,720 | 15,560 | ||||
| 2,02,000 | 1,70,000 | 40,000 | 2,02,000 | 1,70,000 | 40,000 | ||
|
Bank A/c
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| Date | Particulars | Amount (in Rs) | Date | Particulars | Amount (in Rs) | ||
| Balance B/d | 25,000 | A's Capital A/c | 4,000 | ||||
| Realisation A/c (Debtors) | 20,000 | ||||||
| Capital A/cs | |||||||
| A | 10,720 | ||||||
| B | 14,720 | ||||||
| C | 15,560 | 41,000 | |||||
| 45,000 | 45,000 | ||||||
Regards,