SolveItNCERT · CBSE Boards
✓ Board-verified
Accountancy · 2024 · 1 mark

CBSE 2024 · Region 1 · Set 1 · Q3

Aavya, Mitansh and Praveen were partners in a firm. On 31st March, $\displaystyle 2023$, the firm was dissolved. Creditors took over furniture of book value of ₹ $\displaystyle 50,000$ at ₹ $\displaystyle 45,000$ in part settlement of their amount of ₹ $\displaystyle 60$,000. The balance amount was paid to them through cheque. The amount paid through cheque will be :

More from Dissolution of Partnership Firm

CBSE Class 12 Accountancy past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.