मराठी

Rusting, a partner of a firm under dissolution was to get a remuneration 2% of the total assets realised other than cash and 10% of the amount distributed to the partners. - Accountancy

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प्रश्न

Rusting, a partner of a firm under dissolution was to get a remuneration 2% of the total assets realised other than cash and 10% of the amount distributed to the partners. Sundry assets (including Cash ₹ 8,000) realised at ₹ 1,16,000 and sundry liabilities to be paid ₹ 31,340. Calculate Rustings’s remuneration and show your workings clearly. Also pass the necessary journal entry for remuneration.

रोजकीर्द नोंद

उत्तर

Assets realised = ₹ 1,08,000

Commission @ 2% = 2,160

Amount payable to other partners = 1,16,000 – 31,340 = 84,660

10% of amount payable = 8,466

Total Commission = 2,160 + 8,460 = ₹ 10,626

Date Particulars Debit (₹) Credit (₹)
(i) Realisation A/c     ...Dr. 10,626  
     To Rusting’s Capital Account   10,626
(Being remuneration payable to partner)    
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2024-2025 (March) Analysis of Financial Statements
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