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Question

There was an old computer which was written off in the books of accounts in the previous year. The same has been taken over by a partner Nitin for Rs. 3,000. Journalise the transaction supposing the firm has been dissolved.


A

Bank A/c Dr. 3000

To Realisation A/c 3000

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B

Nitin's Capital A/c Dr. 3000

To Realisation A/c 3000

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C

Nitin's Capital A/c Dr. 3000

To Bank A/c 3000

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D

Realisation A/c Dr. 3000

To Realisation A/c 3000

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Solution

The correct option is B

Nitin's Capital A/c Dr. 3000

To Realisation A/c 3000


Nitin's Capital A/c Dr. 3,000

To Realisation A/c 3,000


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