shouldn't the sixth entry be realisation - priyanka(18000)
 shouldn't the sixth entry be realisation - priyanka(18000) ß(v) ThetirmhadadebitbaIanceoft27,000intheProfitand (vi) Priyanka paid realisation expenses of 15,000 out of her pocket and she was remuneration of 18,000 for completing the dissolution process. Solution: Date Particulars (i) Bank A/c To Realisation A/c JOURNAL L.F. ...Dr. (Being debtors of 12,000 proved bad and rest paid the amount) (ii) Realisation A/c To Parul's Capital A/c (Being Parul agreed to pay off her husband's loan at a discount of 5%) ...Dr. (iii) j Payal's Capital A/c To Realisation A/c (Being unrecorded machine taken by Payal) (iv) Realisation A/c To Bank Alc (Being the contingent liability discharged) (v) Parurs Capital A/c Payal's Capital A/c Priyanka's Capital A/c To Profit and Loss A/c (Being the accumulated loss distributed) 'i) Realisation A/c To Priyanka's Capital A/c f (Being the realisation expenses of? 15,000 paid by Priyanka and remuneration of? 18,000 also credited to her account) ...Dr. ...Dr. ...Dr. ...Dr. ...Dr. ...Dr. to 6,650 3,000 4,000 9,000 1 9,000 9,000 33,000

Dear Student


In the question it is given that Priyanka has paid Realisation Expense of Rs 15,000/- from her pocket, Here it is not given that Realisation Expenses are to be borne by Priyanka only,
Therefore we have to assume that Realisation expenses are to be borne by the firm and hence total amount payable to Priyanka would include Remuneration of Rs 18,000 + Expenses paid on behalf of the firm 15,000 i.e Rs 33,000/-.

Regards

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No bcz the realisation expense is paid by her out of her pocket..
Her remuneration might be less than dissolution expenses.
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So 15000+18000= ?33000
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