Humanities/Arts Exam  >  Humanities/Arts Questions  >  On dissolution of a firm, stock was appearing... Start Learning for Free
On dissolution of a firm, stock was appearing in the balance sheet Rs. 1,00,000. Part of the stock was taken once by a partner at 10% discount at Rs. 49,500 and balance sold at a profit of 20%. How much amount will be credited to Realisation A/c?
  • a)
    Rs. 49,500
  • b)
    Rs. 1,10,100
  • c)
    Rs. 1,03,500
  • d)
    Rs. 1,04,160
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
On dissolution of a firm, stock was appearing in the balance sheet Rs....
 is book value in Rs. 49500
Remaining(100000 – 55000 = 45000 + 9000 = Rs.54000
Total amount credited to realisation account = Rs.103500
Explore Courses for Humanities/Arts exam

Top Courses for Humanities/Arts

On dissolution of a firm, stock was appearing in the balance sheet Rs. 1,00,000. Part of the stock was taken once by a partner at 10% discount at Rs. 49,500 and balance sold at a profit of 20%. How much amount will be credited to Realisation A/c?a)Rs. 49,500b)Rs. 1,10,100c)Rs. 1,03,500d)Rs. 1,04,160Correct answer is option 'C'. Can you explain this answer?
Question Description
On dissolution of a firm, stock was appearing in the balance sheet Rs. 1,00,000. Part of the stock was taken once by a partner at 10% discount at Rs. 49,500 and balance sold at a profit of 20%. How much amount will be credited to Realisation A/c?a)Rs. 49,500b)Rs. 1,10,100c)Rs. 1,03,500d)Rs. 1,04,160Correct answer is option 'C'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about On dissolution of a firm, stock was appearing in the balance sheet Rs. 1,00,000. Part of the stock was taken once by a partner at 10% discount at Rs. 49,500 and balance sold at a profit of 20%. How much amount will be credited to Realisation A/c?a)Rs. 49,500b)Rs. 1,10,100c)Rs. 1,03,500d)Rs. 1,04,160Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On dissolution of a firm, stock was appearing in the balance sheet Rs. 1,00,000. Part of the stock was taken once by a partner at 10% discount at Rs. 49,500 and balance sold at a profit of 20%. How much amount will be credited to Realisation A/c?a)Rs. 49,500b)Rs. 1,10,100c)Rs. 1,03,500d)Rs. 1,04,160Correct answer is option 'C'. Can you explain this answer?.
Solutions for On dissolution of a firm, stock was appearing in the balance sheet Rs. 1,00,000. Part of the stock was taken once by a partner at 10% discount at Rs. 49,500 and balance sold at a profit of 20%. How much amount will be credited to Realisation A/c?a)Rs. 49,500b)Rs. 1,10,100c)Rs. 1,03,500d)Rs. 1,04,160Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Humanities/Arts. Download more important topics, notes, lectures and mock test series for Humanities/Arts Exam by signing up for free.
Here you can find the meaning of On dissolution of a firm, stock was appearing in the balance sheet Rs. 1,00,000. Part of the stock was taken once by a partner at 10% discount at Rs. 49,500 and balance sold at a profit of 20%. How much amount will be credited to Realisation A/c?a)Rs. 49,500b)Rs. 1,10,100c)Rs. 1,03,500d)Rs. 1,04,160Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of On dissolution of a firm, stock was appearing in the balance sheet Rs. 1,00,000. Part of the stock was taken once by a partner at 10% discount at Rs. 49,500 and balance sold at a profit of 20%. How much amount will be credited to Realisation A/c?a)Rs. 49,500b)Rs. 1,10,100c)Rs. 1,03,500d)Rs. 1,04,160Correct answer is option 'C'. Can you explain this answer?, a detailed solution for On dissolution of a firm, stock was appearing in the balance sheet Rs. 1,00,000. Part of the stock was taken once by a partner at 10% discount at Rs. 49,500 and balance sold at a profit of 20%. How much amount will be credited to Realisation A/c?a)Rs. 49,500b)Rs. 1,10,100c)Rs. 1,03,500d)Rs. 1,04,160Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of On dissolution of a firm, stock was appearing in the balance sheet Rs. 1,00,000. Part of the stock was taken once by a partner at 10% discount at Rs. 49,500 and balance sold at a profit of 20%. How much amount will be credited to Realisation A/c?a)Rs. 49,500b)Rs. 1,10,100c)Rs. 1,03,500d)Rs. 1,04,160Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice On dissolution of a firm, stock was appearing in the balance sheet Rs. 1,00,000. Part of the stock was taken once by a partner at 10% discount at Rs. 49,500 and balance sold at a profit of 20%. How much amount will be credited to Realisation A/c?a)Rs. 49,500b)Rs. 1,10,100c)Rs. 1,03,500d)Rs. 1,04,160Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.
Explore Courses for Humanities/Arts exam

Top Courses for Humanities/Arts

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev