On dissolution, patents appearing in Balance Sheet are transferred to which account? Post category:Accountancy Reading time:1 mins read SOLUTION Realisation Account. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostOn firm ’s dissolution, what entry will be passed when a partner voluntarily gives his personal asset to firm’s creditor as payment? Next PostHow is dissolution of partnership different from dissolution of partnership firm? (C.B.S.E. Sample Paper, 2018) You Might Also Like A, B and C are partners sharing profits in the ratio of 3 : 2 : 1. B retired and the new profit-sharing ratio between A and C was 2 : 1. On B’s retirement, the goodwill of the firm was valued at Rs. 90,000. Pass necessary Journal entry for the treatment of goodwill on B’s retirement. August 3, 2022 Why liquid ratio is considered more dependable than current ratio? October 3, 2022 State two basis lor determination of Profits from the date oflast Balance Sheet to the date of death/retirement. September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A, B and C are partners sharing profits in the ratio of 3 : 2 : 1. B retired and the new profit-sharing ratio between A and C was 2 : 1. On B’s retirement, the goodwill of the firm was valued at Rs. 90,000. Pass necessary Journal entry for the treatment of goodwill on B’s retirement. August 3, 2022
State two basis lor determination of Profits from the date oflast Balance Sheet to the date of death/retirement. September 27, 2022
