A)
(a)
Cash A/c
Dr.
3,24,000
Furniture A/c
Dr.
6,000
To Yuvraj’s Capital A/c
3,00,000
To Premium for Goodwill A/c
40,000
B)
(b)
Premium for goodwill
Dr.
40,000
To Vinod’s Capital A/c
30,000
To Mayank’s Capital A/c
10,000
C)
(c)
Yuvraj’s Current A/c
Dr.
20,000
To Vinod’s Capital A/c
10,000
To Mayank’s Capital A/c
10,000
D)
(d)
Yuvraj’s Current A/c
Dr.
20,000
To Vinod’s Capital A/c
15,000
To Mayank’s Capital A/c
5,000
Correct Answer: C
Solution :
(c) | Yuvraj’s Current A/c | Dr. | 20,000 | |
To Vinod’s Capital A/c | 10,000 | |||
To Mayank’s Capital A/c | 10,000 |
You need to login to perform this action.
You will be redirected in
3 sec