Rohit a partner paid the realisation expenses of ₹10,000 and he was to get a remuneration of ₹12,000 for completing the dissolution process and realisation expenses were borne by Rohit. The amount transferred to his capital A/c will be:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → ₹12,000
Rohit had agreed to bear the realisation expenses, so when he pays them himself no entry is made in the firm’s books. Only his remuneration for the dissolution work is credited to his capital account.
Realisation A/c Dr. ₹12,000
To Rohit’s Capital A/c ₹12,000
Realisation expenses ₹10,000 paid by Rohit and borne by him: no entry
Amount credited to Rohit’s Capital A/c = ₹12,000
NCERT (2026-27 edition):
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