Question : On the basis of the following data, what final payment to a partner on the firm's dissolution will be made: Debit balance of Capital Account Rs. 28000. Share of his profit on realisation Rs. 21500; Firm's asset taken by him for Rs. 34000.

Option 1: Rs 31,000

Option 2: Rs 83,500

Option 3: Rs 40,500

Option 4: Rs 60,000

Question : On the basis of the following data, what final payment to a partner on the firm's dissolution will be made: Debit balance of Capital Account Rs. 28000. Share of his profit on realisation Rs. 21500; Firm's asset taken by him for Rs. 34000.

Option 1: Rs 31,000

Option 2: Rs 83,500

Option 3: Rs 40,500

Option 4: Rs 60,000

Question : On the basis of the following data, how much final payment on the firm's dissolution will be made to a partner?

Debit balance of capital account Rs 1,28,000

Share of profit on realization Rs 1,43,000

Firm's liabilities taken over by him 34,000

Firm's assets taken over by him rs 25000

Option 1: Rs 20,000

Option 2: Rs 36,000

Option 3: Rs 24,000

Option 4: None of the above

Question : On the basis of the following data, how much final payment on the firm's dissolution will be made to a partner?

Debit balance of capital account Rs 1,28,000

Share of profit on realization Rs 1,43,000

Firm's liabilities taken over by him 34,000

Firm's assets taken over by him rs 25000

Option 1: Rs 20,000

Option 2: Rs 36,000

Option 3: Rs 24,000

Option 4: None of the above

Question : On the dissolution of a firm, the partners' capital accounts balance was Rs 63,000; the creditor's balance was Rs 12,000 and the profit & loss account debit balance was Rs 7,500. Profit on the realisation of assets was Rs 7,800. The total amount realised from assets was______.

Option 1: Rs 67,500

Option 2: Rs 75,000

Option 3: Rs 75,300

Option 4: Rs 82,500

Question : On the dissolution of a firm, the partners' capital accounts balance was Rs 63,000; the creditor's balance was Rs 12,000 and the profit & loss account debit balance was Rs 7,500. Profit on the realisation of assets was Rs 7,800. The total amount realised from assets was______.

Option 1: Rs 67,500

Option 2: Rs 75,000

Option 3: Rs 75,300

Option 4: Rs 82,500