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Comprehension:Read the financial details from the preceding text carefully.What is the total amount realized from the sale/disposal of assets that will be debited to the Bank Account?

  1. A
  2. B
  3. C
  4. D

Solution & Step-by-step Explanation

To find the total amount debited to the Bank Account from asset realizations, we sum up only those items that were sold for cash/bank inflows (excluding assets taken over by partners):Realized from Debtors = ₹ Realized from Buildings = ₹ Realized from Goodwill = ₹ Realized from Sale of remaining Investments = ₹ Note: Stock (taken by Ashwani), half investments (taken by Bharat), and the unrecorded typewriter (taken by Bharat) do not bring cash into the bank account.

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Comprehension:Read the financial details from the preceding text carefully.What is the total amount realized from the sale/disposal of assets that will be debited to the Bank Account?
A
B
C
D

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