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25 Mr. Suner, Mr. Rehman and Mr. Mouthosam are partners, who share profit in the ratio of 22.1. Following is the balance sheet as on
25 Mr. Suner, Mr. Rehman and Mr. Mouthosam are partners, who share profit in the ratio of 22.1. Following is the balance sheet as on March 31, 2020, Balance Sheet of Mr. Suneer, Mr. Rehman and Mr. Mouthosam as on March 31, 2020 door of Liabilities Assets a question Amount (OMR) Amount (OMR) Mr. Suncer's capital 5,000 Cash and Bank 2,500 Mr. Rehman's Capital 2.000 Stock 2.500 Mr. Mouthosam's capital 1,000 Furniture 1,000 Reserve fund 2.500 Debtors 2,000 Creditors 2000 Plant and 4,500 machinery 12,500 12,500 They decided to dissolve the business. The following amounts were realized. There was an unrecorded asset of Rs.350, which was taken over by Mr. Rehman at Rs.150. How much amount of unrecorded assets are recorded in the realization account OMR 150 OMR 350 None of the listed choices OMR 200 Reserve fund 2,500 Debtors 2,000 Creditors 2,000 Plant and 4,500 machinery 12,500 12,500 They decided to dissolve the business. The following amounts were realized. There was an unrecorded asset of Rs.350, which was taken over Rehman at Rs.150. How much amount of unrecorded assets are recorded in the realization account? Creditors paid 2% less. How much amount of creditors are recorded in the credit side of realization account? OMR 2000 OMR 40 OMR 1960 None of the listed choices
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