Question
On dissolution, A’s capital = ₹50,000, B’s capital = ₹30,000. Cash realised = ₹60,000. Creditors = ₹20,000. Loss on realisation is shared equally. How much will A receive finally?
More Accounts Questions
- Calculate Cash ratio of the company?
- Shortage in material can be due to normal reasons or due to abnormal reasons. Which of the following will be regarded as shortage due to abnormal reason?
- When is revenue from construction contract recognised under Ind AS when outcome cannot be estimated reliably?
- Which of the following is a real (or permanent) account?
- Which of the following is the regulator of the capital market in India?
- What is the main purpose of variance analysis in budgeting in cost accounting?
- A company has the following inventory data for a product: •Opening Stock: 500 units @ ₹50 •Purchases: 1,000 units @ ₹55 •Sales: 1,200 units Closing sto...
- In a database, a 'query' is used to:
- Commuted pension, exempt for other than government employees (who do not receive gratuity), is under section _______.
- Which of the following is NOT one of Porter's generic strategies?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt