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Old MathJax webview Old MathJax webview h . . 2.20 Bron $6.670 Edit 13sterse bd To salsation Ac (Debtors) To Rallion Ac Investments) CAN ACCOUNT
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2.20 Bron $6.670 Edit 13sterse bd To salsation Ac (Debtors) To Rallion Ac Investments) CAN ACCOUNT Persons 38,000 By Booleacon Ne 84.000 Trade Creditor) By Capital Acosts 0,500 Aid Aslam Share 16470 1,29,500 1.2350 ILLUSTRATION 18 (Contingent Ilebility in respect of bills discounted): We are Grey were carrying on a business and sharing profits and losses the end of 2:2:1. They dissolved their firm as on 31 December 2010. On that del thair Balance Sheet was as follows: 34 BALANCE SHEET as at 31.12.2010 Rs. Assots Liabilities Ps 40.600 20,000 16.000 Trade Creditors Reserve Fund Investment Fluctuation Reserve Capital Accounts Black 30,000 White 30,000 Grey Provision for Double Debes Cash Spare Parts Investments Debtors Leasehold 9.000 22000 2003 200.000 6.000 66,000 1.000 LO 1.13.600 All Assets (oxcept Cash and Investments) were taken over by a company for Rs 1.30000 Imesiments were sold at Rs 22,600.rado Creditors a: Rs 39,000 Roosa on pa to A6,000 unhoStep by Step Solution
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