Dissolution of ...

If creditors given in the balance sheet ₹30,000. Stock costing ₹10,000 taken over by creditors at market price of ₹8,000 at the time of dissolution of partnership firm and balance amount paid in cash after deducting a discount of 10%. How much amount is paid in cash?

All _____ liabilities are transferred to the ____ side of Realisation account

Following accounts will be shown on debit side of Realisation Account except

If a partner agreed to pay the unrecorded liability then ______

Compulsory dissolution takes place when:

At the time of dissolution, how would you treat the loss shown by Profit and Loss A/c in the Balance Sheet?

Bank Loan ₹29,000 was paid at the time of dissolution. What journal entry will be recorded for the same?

What journal entry will take place when loan of partner ₹60,000 is paid at the time of dissolution?

When Asset is taken over by a creditor:

How would you treat investment fluctuation reserve given in the balance sheet at the time of dissolution?