Angad and Bishan are equal partners of a firm, Balance Sheet of which is given below as at 31st March, 2023
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Balance Sheet of a firm as at 31st March, 2023 was as under:
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Angad, Raman and Harish were partners in a firm. They decided to dissolve their firm
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Realisation expenses of ₹ 5,000 paid by the firm which were to be borne by Aman, a partner.
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Gagan, Sudan and Madan are partners in a firm. Pass necessary Journal entries for the following transactions at the time of dissolution of the firm:
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What Journal entries would be passed in the books of Raja and Nawab sharing profits and losses in the ratio of 5 : 2
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Pass Journal entries for the following at the time of dissolution:
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Pass the necessary Journal entries for the following transactions on dissolution of a firm of partners Kamal and Ranjan:
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From the following Receipts & Payments Account of Young Ladies Club, prepare Income & Expenditure Account
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The Accountant of Diana Club furnishes you the following Balance Sheet as at 1st April, 2022 and Receipts & Payments Account for the year ended 31st March, 2023:
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