16.      
Dr                 Realisation Account     Cr

Particulars

   Amt


 Particulars



Amt


To Building
To Machinery
To Furniture
To Stock
To Investments
To Debtors
To Ashu's Capital A/c (Creditors)
To Harish's Capital A/c
(Bank Overdraft
To Cash (Expenses)
To Profit Transferred to
 Ashu's Capital A/c
          36,00
Harish's Capital A/c
          2,400

 80,000

 70,000

 14,000
 20,000
 60,000
 48,000

 88,000

  50,000



    3,000










  6,000
4,39,000
 By Creditors
 By Bank Overdraft
 By Ashu's Capital A/c
(Assets Taken)
By Harish's Capital A/c
(Assets Taken)
By Cash (Debtors)



















 88,000
 50,000
1,43,000

 1,12,000

    46,000




















4,39,000

 Dr                    Partner's Capital Account                   Cr              
  Particulars     Ashu



 Harish



    Particulars

 Ashu
 Harish


To Realistion (Assets taken)
To Cash (Balancing Figure)







1,43,000




  56,600







1,99,600
 1,12,000












1,12,000 
By Balance b/d
By Realisation
(Liabilities)
By Realisation
(Profit)
By Cash (Balancing Figure)


 1,08,000

    88,000


 3,600







1,99,600
 54,000

 50,000


  2,400


  5,600




1,12,000

Dr              Cash Account                                                                                             Cr            

Particulars

   Amt


 Particulars



Amt


To Balance b/d
To Realisation
(Debtors)
To Harish's Capitral A/c

  8,000

  46,000
   5,600




59,600
By Realisation
(Expenses)
By Ashu's Capital A/c




  3,000

56,600




59,600



 

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