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Accountancy · 2023 · 1 mark
Dissolution of Partnership FirmAccounting Treatment on Dissolution of a Partnership Firm1 markvery short answer
CBSE 2023 · Region 4 · Set 3 · Q12
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. T he amount to be credited to Naresh's capital account will be :
Official answer
From CBSE’s own marking scheme for this paper.
(C)
₹ $\displaystyle 14,500$
Marking-scheme solution
(c)
₹$\displaystyle 14,500$
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CBSE Class 12 Accountancy past-paper question from the 2023board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.