Question : Realization expenses amounted to Rs. 15,000 were paid by the firm. Mr. X, one of the partners, has to bear these expenses. In this case the account will be credited

Question : Realization expenses amounted to Rs.8,000 and were paid by partner X. In this case, the account will be credited :

Question : Realization expenses amounted to Rs.8,000 and were paid by partner X. In this case, the account will be credited :

Question : Realization expenses were to be borne by A for which he is to get a credit of Rs. 10,000. Actual realization expenses paid out of the firm Bank Account amounted to Rs. 12,000. Choose the correct Journal entry for the treatment of realization expenses.

Question : Jeev, a partner, agreed to do the work of dissolution for which he was allowed a commission of Rs. 10,000. He agreed to bear the dissolution expenses. Actual dissolution expenses paid by Jeev were Rs. 12,000.These expenses were paid by Jeev by drawing cash from the firm. The