Practicing Success
Based on following Balance Sheet of Tarnav and Manav as at 31st March 2022, answer question: Balance Sheet as at 31st March 2022
On that date the firm was dissolved on the following term: (i) Tarnav promised to pay Sanjay's loan and took over stock in trade at ₹4,000. |
Calculate amount realised from Debtors: |
₹ 12,000 ₹ 19,000 ₹ 6,000 ₹ 10,000 |
₹ 19,000 |
The correct answer is Option (2) - ₹ 19,000. Debtors = ₹20000 |