Question : A firm is dissolved, and Medhansh, a partner is to carry out dissolution. Rs. 25000 is fixed as his remuneration. Realisation Expenses were Rs. 25,000, which were paid by Medhansh. Medhansh's Capital Account will be credited by
Option 1: Rs 50,000
Option 2: Rs 75,000
Option 3: Rs 25,000
Option 4: Rs 1,00,000
Correct Answer: Rs 50,000
Solution :
Answer = Rs 50,000.
Medansh capital account will be credited by Rs 50,000 Because when the partner gets remuneration and he pays realisation expenses on behalf of the firm his capital will increase by Rs 50,000.
Hence, the correct option is 1.




