Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Dissolution of Partnership Firm

Question:

Anubha looked after the dissolution work for remuneration of Rs. 8,500 and agreed to bear dissolution expenses upto Rs. 6,000. Actual expenses paid by her were Rs. 7,600. In this case.

(A) Realisation A/c is debited by Rs. 10,100
(B) Anubha's Capital A/c is credited by Rs. 9,600.
(C) Realisation A/c is debited by Rs. 13,600.
(D) Anubha's Capital is credited by Rs. 10100.

Choose the correct answer from the options given below:

Options:

(A) and (D) only

(B) and (D) only

(A), (B), (C) and (D)

(C) and (D) only

Correct Answer:

(A) and (D) only

Explanation:

The correct answer is Option (1) → (A) and (D) only