Question : Mohit a partner is to carry out dissolution and he gets Rs. 40,000 as remuneration. Realisation Expenses were Rs. 25,000. Realisation Account will be debited with
Option 1: Rs 40,000
Option 2: Rs 65,000
Option 3: Rs 25,000
Option 4: Rs 1,00,000
Correct Answer: Rs 65,000
Solution :
Answer =
Rs 65,000
Realisation will be debited by Rs 65,000.
Realisation a/c......Dr 65,000
To Mohit's capital a/c 65,000(40,000+25,000)
Hence, the correct option is 2.



