When a Creditor takes over an asset whose value is less than the amount due to him in full settlement of his claim, what entry shall be passed? 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 PostWhy partner’s loan is not transferred to Realisation A/c? Next PostHow is Workmen Compensation Reserve shown in the Balance Sheet of a partnership firm, treated at the time of its dissolution? You Might Also Like The Balance Sheet of X, Y and Z who share profits and losses in the ratio of 3 : 2 : 1, as on 1st April, 2019 is as follows: August 2, 2022 Nitro Paints Ltd. invited applications for issuing 1,60,000 equity shares of Rs. 10 each at a premium of Rs. 3 per share. The amount was payable as follows: July 15, 2022 When is dividend received considered as operating activity? October 6, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
The Balance Sheet of X, Y and Z who share profits and losses in the ratio of 3 : 2 : 1, as on 1st April, 2019 is as follows: August 2, 2022
Nitro Paints Ltd. invited applications for issuing 1,60,000 equity shares of Rs. 10 each at a premium of Rs. 3 per share. The amount was payable as follows: July 15, 2022
