Based on the passage given for Meena and Tina, answer the question:Identify the exact final total amount realized in cash from Sundry Debtors.
- ALiabilitiesAmount (Rs.)AssetsAmount (Rs.)Capital Accounts:Machinery Meena: Investments Tina: Stock Sundry Creditors Sundry Debtors Bills Payable Cash at bank Total Total
- B
- C
- D
Solution & Step-by-step Explanation
Let's read the debtors disposal condition carefully:Total Debtors Book Value Debtors of book value were taken over by Meena at less (). This is an adjustment to Meena's capital, not a cash receipt.The remaining debtors realized . This is the only portion that brings actual physical liquid cash into the bank account.Hence, the cash realized from debtors is exactly .