Question : Ravi, a partner, is allowed a remuneration of Rs.15,000 for dissolution work and is to bear all expenses of realisation, which amounted to Rs.5,000, which were paid by the firm. In this case, finally, Ravi's capital account will be

Option 1: Debited by Rs 10,000

Option 2: Credited by Rs 10,000

Option 3: Debited by Rs 5000

Option 4: Credited by Rs 5000

Question : Ravi, a partner, is allowed a remuneration of Rs.15,000 for dissolution work and is to bear all expenses of realisation, which amounted to Rs.5,000, which were paid by the firm. In this case, finally, Ravi's capital account will be

Question : Realization expenses of Rs. 5,000 were to be borne by Pavit, a partner. However, it was paid by Hitesh, another partner. It was to be recorded in the books. The entry will be

Question : Sudhir, a partner, was allowed a remuneration of Rs. 10,000 to carry out dissolution of the firm. He was to bear all expenses of realisation which amounted to Rs. 16,000 were paid by the firm. In this case partner's capital account will be debited by ------------

Question : Sudhir, a partner, was allowed a remuneration of Rs. 10,000 to carry out dissolution of the firm. He was to bear all expenses of realisation which amounted to Rs. 16,000 were paid by the firm. In this case partner's capital account will be debited by ------------

Question : Jay, a partner, was appointed to look after the process of dissolution and was allowed a remuneration of Rs. 15,000. Jay agreed to bear dissolution expenses. Actual dissolution expenses Rs. 16,000 were paid by Vijay, another partner on behalf of Jay. The entry will be