Sarthak paid the realisation expenses of Rs.16000 out of his private funds, who was to get a remuneration of Rs.15000 for completing dissolution process and was responsible to bear all the realisation expenses.
The journal entry given for this question in Dr.Realisation A/c and Cr. Sarthak's capital A/c by Rs.15000
Can you please explain clearly as to why we are considering 15000 and not 16000?
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