1 Realization Expenses questions from CUET Accountancy 16 July Shift 2 with detailed answers and explanations. Free previous year questions and MCQs.
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Realization Expenses — CUET Accountancy 16 July Shift 2(1–1 of 1)
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At the time of dissolution of their firm, Ahmed and Subhash, who are partners of that firm, agreed that Ahmed will pay realization expenses for a fixed remuneration of ₹12,000. The actual expenses were ₹16,000. The Journal entry to be passed is:
CUET Accountancy 16 July Shift 2 Realization Expenses — FAQ
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