Student Community

If total assets are ₹ 12,00,000; total liabilities are ₹ 3,00,000; assets are realised at 70% and expenses on realisation are ₹ 10,000

Anurag Pathak
September 28, 2024
DK Goel Dissolution of a Partnership Firm

188 viewsSeptember 28, 2024DK Goel Dissolution of a Partnership Firm

Anurag Pathak28.37K September 28, 2024 0 Comments

If total assets are ₹ 12,00,000; total liabilities are ₹ 3,00,000; assets are realised at 70% and expenses on realisation are ₹ 10,000, what will be the profit or loss on realisation?

[Ans. Loss on Realisation ₹ 3,70,000.]

Anurag Pathak Answered question September 28, 2024

Add a Comment

1 Answer

Anurag Pathak28.37K Posted September 28, 2024 0 Comments

Solution:-

Anurag Pathak Answered question September 28, 2024

Add a Comment

You are viewing 1 out of 1 answers, click here to view all answers.

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 8064

Telegram Channel

Telegram Channel

If total assets are ₹ 12,00,000; total liabilities are ₹ 3,00,000; assets are realised at 70% and expenses on realisation are ₹ 10,000

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

Related Questions