Question : On dissolution of a firm, its Balance Sheet revealed total creditors Rs.50,000; Total Capital Rs.48,000; Cash Balance Rs.3,000. Its assets were realised at 12% less. Loss on realisation will be _________.

Option 1: Rs.11,800

Option 2: Rs.6,000

Option 3: Rs.11,400

Option 4: Rs.5,600

Question : On dissolution of a firm, its Balance Sheet revealed total creditors of Rs.50,000; Total Capital of Rs.48,000; Cash Balance of Rs.3,000. Its assets were realized at 12% less. What will be the loss on realisation?

Option 1: Rs.11,600

Option 2: Rs.11,500

Option 3: Rs.11,400

Option 4: Rs.15,400

Question : On dissolution of a firm, its balance sheet revealed total creditors of Rs 50,000. Total capital Rs 48,000, Cash balance Rs 3000. Its assets were realized at rs 12% less. The loss on realization will be.

Option 1: Rs 12,400

Option 2: Rs 11,400

Option 3: Rs 10,000

Option 4: None of the above.

Question : On dissolution of a firm, its balance sheet revealed total creditors of Rs 50,000. Total capital Rs 48,000, Cash balance Rs 3000. Its assets were realized at rs 12% less. The loss on realization will be.

Option 1: Rs 12,400

Option 2: Rs 11,400

Option 3: Rs 10,000

Option 4: None of the above.

Question : On dissolution of a firm, partners' capital accounts balance was Rs. 80,000 creditors balance was Rs. 12,000 and profit and loss account debit balance was Rs. 6,000. Profit on the realisation of assets was Rs. 7,800. The total amount realised from assets was :

Option 1: Rs 81,000

Option 2: Rs 76,800

Option 3: Rs 70,800

Option 4: Rs 93,800