Day 150 Solution of Questions 19 to 20 Dissolution of Partnership Firm Chapter 7 Accounts class 12

Day 150 Solution of Questions 19 to 20 Dissolution of Partnership Firm Chapter 7 Accounts class 12

Teacher:- Mr. Sarbjit Singh Video Editor:- Mr. Kuljeet Singh 00:00 Question No. 19: X, Y and Z were in partnership sharing profits and losses as 3 : 2 : 1. The Balance sheet as at 31st December 2018 as follows : They decided to dissolve the firm on the same day The assets realised and liabilities were paid as follows: Trade creditors settled for ₹ 4,500 Stock ₹ 11,000 Furniture ₹ 6,000 Sundry Debtors ₹ 10,000 Expenses on Realisation were ₹ 100 Show the realisation account, partners' capital accounts and cash account. 10:50 Question No. 20 Anju and Manju were trading an a firm sharing profits in the ratio of 9 :7 Firm's. Balance sheet as on December 31, 2015 is given below : Firm was dissolved. Property realised Rs. 1,500. Bad debts amounted to Rs. 500. Stock realised Rs. 200 more than the book value. Furniture was taken over by Manju at Rs. 25. Creditors allowed Rs. 100 discount. Expenses came to Rs. 75. Close the books of the firm. Google Play Store App Link: https://clppaige.page.link/EhJq App Store App link:- https://apps.apple.com/us/app/classpl... Download Classplus App and use our ORG Code:- vagce !--------Book Solution TS Grewal---------! T S Grewal Part - l (a) https://tutorstips.com/t-s-grewals-bo... T S Grewal Part - l (b) https://tutorstips.com/t-s-grewals-bo... T S Grewal Part - ll https://tutorstips.com/t-s-grewals-bo... !--------Book Solution PSEB---------! Usha Publication Part- l:- https://tutorstips.com/usha-publicati... Usha Publication Part- ll:- https://tutorstips.com/usha-publicati... Unimax Publication https://tutorstips.com/accountancy-un... !--------Our Website link---------! https://tutorstips.com/ https://tutorstips.in/ !--------Check Business Studies Playlist--------!    • Business Studies Class 12 CBSE PSEB ISC   !--------Check Financial Accounting Playlist--------!    • Financial Accounting Class 12 CBSE PSEB ICS   !--------Like our Fb page---------!   / tutorstips   !--------Follow us on Instagram-------!   / tutorstips   !--------Follow us on Twitter--------!   / tutors_tips   !--------Follow us on LinkedIn--------!   / tutorstips   !--------Follow us on WhatsApp--------! +91 1882 359 783 Thanks for all your love n support. For any other details email - [email protected] Our partner https://www.freepik.com/ https://www.flaticon.com/ partnership chapter,accounts book solution class 12,class 12 accounts class 12 solution,account class 12,book solution accounts,class 12 accounts book solution,Dissolution of Partnership Firm Chapter 6 Accounts class 12,Dissolution of Partnership Firm,tutorstips,Solution of Questions 17 to 18 Dissolution of Partnership Firm,Day 149 Solution of Questions 17 to 18 Dissolution of Partnership Firm Chapter 7 Accounts class 12 #DissolutionofPartnershipFirm #class12 #accounting