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P1 C7 DISSOLUTION OF PARTNERSHIP — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP1 C7 DISSOLUTION OF PARTNERSHIP1 Mark
MCQ
It was decided to pay $Rs. 1,200$ to Mr. Modi for dissolution expense, but actual dissolution expense was $Rs. 800.$ What amount will be written on the Dr. side of Realisation A/c?
  • ✓
    $Rs. 1,200$
  • B
    $Rs. 800$
  • C
    $Rs. 400$
  • D
    $Rs. 2,000$
✓

Answer

Correct option: A.
$Rs. 1,200$

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