CUET Accountancy - State Journal entry for realisation of investment. | PYQs + Solutions

CUET Accountancy 2023 29 May Shift 2

Partnership

Easy

Tina's capital A/c Dr. Rs. 50,000 To Realisation A/c Rs. 50,000

Tina's Capital A/c Dr. Rs. 30,000 Meena's capital A/c Dr. Rs. 20,000 To Realisation A/c Rs. 50,000

Realisation A/c Dr. Rs. 50,000 To Tina's Capital A/c Rs. 50,000

Realisation A/c Dr. Rs. 50,000 To Tina's capital A/c Rs. 30,000 To Meena's Capital A/c Rs. 20,000

✅ Correct Option: 1

CUET Accountancy 2023 29 May Shift 2 PYQs