Question
Accountancy Question on Dissolution of Partnership Firm
At the time of dissolution of partnership firm, debtors were realised at a discount of 5% (Book value was ₹ 48,000), Amount realised at the time of dissolution was -
A
₹ 47,600
B
₹ 44,600
C
₹ 48,000
D
₹ 45,600
Answer
₹ 45,600
Explanation
Solution
The correct option is (D) :₹ 45,600.