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sto 29 Mr. Suhail and Mr. Ahamad Jumma are partners, who share profit in the ratio of 3:2. Following is the balance sheet as on

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sto 29 Mr. Suhail and Mr. Ahamad Jumma are partners, who share profit in the ratio of 3:2. Following is the balance sheet as on March 31, 2020 yet wered Balance Sheet of Mr. Suhail and Mr. Ahamad Jumma as on March 31, 2020 ked out of Liabilities Amount (OMR) Assets Amount Flag question (OMR) Mr. Suhail's Capital 85,000 Cash and Bank 101000 Mr. Ahamed Jumma's Capital 43,000 Stock 35,000 Sundry Creditors 116,000 Sundry debtors: 62,000 63,000 Reserve fund 47,000 Less: Provision: 1000 Fixed Assets 93,000 291,000 291,000 The firm was dissolved on March 31, 2020. Close the books of the firm with the following information: ) Debtors realized at a discount of 5% (0) Stock realized at OMR 34,500 (ii) Fixed assets realized at OMR 99,000 The firm was dissolved on March 31, 2020. Close the books of the firm with the following information: Debtors realized at a discount of 5% (ii) Stock realized at OMR 34,500 (11) Fixed assets realized at OMR 99,000 (iv) Realization expenses of OMR 500 (1) Creditors are paid in full. 1. Realization account shows None of the listed choices A debit balance of OMR 1,710 A credit balance of OMR 1,140 A credit balance of OMR 2,850 2. How much amount will be transferred to Mr. Suhail's capital account? 3. How much amount will be transferred to Mr. Ahamed Jumma's capital account? E U SLULL TEU DUIVI JUU (it) Fixed assets realized at OMR 99,000 (iv) Realization expenses of OMR 500 (W) Creditors are paid in full. . 1. Realization account shows: 2. How much amount will be transferred to Mr. Suhail's capital account? None of the listed choices OMR 1,140 OMR 2,850 OMR 1,710 4 3. How much amount will be transferred to Mr. Ahamed Jumma's capital account? EPIC A DI - 2. How much amount will be transferred to Mr. Suhail's capital account? 1 3. How much amount will be transferred to Mr. Ahamed Jumma's capital account? ** None of the listed choices OMR 1,140 OMR 2,850 OMR 1,710 4. Mr. Suhail's and Mr. Ahamed Jumma's capital account shows: ch AT 2. How much amount will be transferred to Mr. Suhail's capital account? 3. How much amount will be transferred to Mr. Ahamed Jumma's capital account? 4. Mr. Suhail's and Mr. Ahamed Jumma's capital account shows: Credit balance of OMR 114,910 OMR 62,940 Debit balance of OMR 114,910 OMR 62,940 None of the listed choices Debit balance of OMR 62,940 OMR 114,910 OD EPIC C

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