Question : Dissolution expenses amounting to Rs 6000 were to be borne by partner X and the balance by the firm. Dissolution expenses amounted to Rs 15,000 and the entire amount was paid by the firm.
Bank account will be credited by Rs.............
Option 1: 9000
Option 2: 6000
Option 3: 15000
Option 4: none of the above

Question

Question : Dissolution expenses amounting to Rs 6000 were to be borne by partner X and the balance by the firm. Dissolution expenses amounted to Rs 15,000 and the entire amount was paid by the firm.
Bank account will be credited by Rs.............

Option 1: 9000

Option 2: 6000

Option 3: 15000

Option 4: none of the above

Team Careers360 · Accepted Answer

Correct Answer: 15000

Solution : Answer = 15000

Total realisation expenses are Rs 15000
But the firm had to pay Rs 9000 and Rs 6000 were to be born by partner (X)

Partner's capital a/c......Dr 6000
Realisation a/c......Dr 9000
To Bank a/c 15000.
Hence, the correct option is 3.

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Question : Dissolution expenses amounting to Rs 6000 were to be borne by partner X and the balance by the firm. Dissolution expenses amounted to Rs 15,000 and the entire amount was paid by the firm.
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Realization account will be debited by