What entry is passed when an asset is given to a Creditor in full settlement of his dues? Post category:Accountancy Reading time:1 mins read SOLUTION No Entry. 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 PostWhat is the treatment of provisions against assets on dissolution of a firm? Next PostState the reason why a partner’s wife loan is transferred to Realisation A/c? You Might Also Like A and B were partners in a firm sharing profits in 3 : 1 ratio. They admitted C as a partner for 1/4th share in the future profits. C was to bring Rs. 60,000 for his capital. The Balance Sheet of A and B as at 1st April, 2019, the date on which C was admitted, was: August 2, 2022 On dissolution of a firm, where are assets shown in the balance sheet transferred? September 27, 2022 How ‘securities premium reserve’ appears in the Balance Sheet? September 28, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A and B were partners in a firm sharing profits in 3 : 1 ratio. They admitted C as a partner for 1/4th share in the future profits. C was to bring Rs. 60,000 for his capital. The Balance Sheet of A and B as at 1st April, 2019, the date on which C was admitted, was: August 2, 2022
On dissolution of a firm, where are assets shown in the balance sheet transferred? September 27, 2022
