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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 4 · Set 1 · Q2
On dissolution of the firm of Ramesh, Suresh and Naresh, Naresh had agreed to bear all realisation expenses for which he was paid ₹ 14,500. Actual…
On dissolution of the firm of Ramesh, Suresh and Naresh, Naresh had agreed to bear all realisation expenses for which he was paid ₹ $\displaystyle 14$,500. Actual expenses on realisation amounted to ₹ $\displaystyle 11,000$ which were paid by Naresh. The amount to be credited to Naresh's capital account will be :
Official answer
(C)
₹ $\displaystyle 14,500$
Marking-scheme solution
(c)
₹$\displaystyle 14,500$
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CBSE Class 12 Accountancy past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.