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 plant: |
₹34,500 ₹36,000 ₹39,000 ₹1,30,000 |
₹39,000 |
The correct answer is Option (3) - ₹39,000 Plant = 30000 |