Solution 15 of Cbse sample Paper 2025-26 of class 12 Accountancy @sethsaccountancytricks
Solution 15 of Cbse sample Paper 2025-26 of class 12 Accountancy @sethsaccountancytricks Arun, Basu and Tarun were partners sharing Profit &Loss in the ratio 5:3:2. Their firm was dissolved on March 31, 2025. On this date following assets and liabilities were appearing in their books of accounts. Building ₹ 2,00,000 ; Furniture ₹ 80,000 ; Stock ₹ 70,000 ; Goodwill ₹ 10,000 ; Debtors ₹ 40,000 ; Cash ₹ 20,000 ; Creditors ₹ 50,000 ; Arun’s Loan ₹ 60,000 ; Tarun’s Brother Loan ₹ 30,000. Assets realised at for ₹ 3,40,000. Determine the amount of Realisation Gain/Loss. A. Realisation Loss ₹ 80,000 B. Realisation Gain ₹ 60,000 C. Realisation Loss ₹ 60,000 D. No Gain or Loss on Realisation
