Question
8 (Settlement of Lender through Resource): X and Y are accomplices sharing benefits and misfortunes similarly. They chose to disintegrate their firm. Give diary passages
8 (Settlement of Lender through Resource): X and Y are accomplices sharing benefits and misfortunes similarly. They chose to disintegrate their firm. Give diary passages for settlement of leasers through resources in the accompanying option cases: bailaas
(1) a lender (currently moved to Acknowledgment Record) for Rs.25,000 acknowledged furnishings (currently moved to Acknowledgment Record) at Rs.36,000, in full settlement of his case. (ii) B, a leaser (currently moved to Acknowledgment Record) for Rs.25,000 acknowledged furnishings (currently moved to Acknowledgment Record) at Rs.20,000 in settlement of his case. (iii) C a bank (currently moved to Acknowledgment Record) for Rs.30,000 consented to take Apparatus (currently moved to Acknowledgment Record) at Rs.48,000 (book esteem Rs. 50,000) in settlement of his case.
(iv) D a lender of Rs. 20,000 (unrecorded in the books) consented to acknowledge PC (unrecorded in the books) at Rs.15,000 in addition to Rs.2,000 in full settlement of his case.
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