Practicing Success
X, Y, and Z are partners who decided to dissolve their firm. Realization expenses were to be borne by Y for which he was to be given a remuneration of ₹10,000. Actual expenses were ₹12,000. How much amount will be transferred to Y's Capital A/c for it? |
₹22000 ₹12000 ₹2000 ₹10000 |
₹10000 |
For agreed remuneration to such partner who agrees to undertake the dissolution work. Only agreed remuneration if given whether expenses are less or more. |