1. | Workmen compensation reserve = 30000; Workmen compensation claim is estimated = 50000 and accepted by the firm | (A) | X = 2,40,000 |
Y = 2,20,000 | |||
Z = 1,20,000 | |||
2. | Investment fluctuation reserve = 10000; Current investment 40000 (Market value 25000) | (B) | X = 2,26,000 |
Y = 2,14,000 | |||
Z = 1,20,000 | |||
3. | General reserve = 30000 (Partners do not want to distribute) | (C) | X = 2,36,500 |
Y = 2,18,500 | |||
Z = 1,20,000 | |||
4. | Employee Provident Fund = 30000 | (D) | X = 2,46,000 |
Y = 2,23,000 | |||
Z = 1,11,000 |
A) 1-[B]; 2-[C]; 3-[D]; 4-[A]
B) 1-[B]; 2-[C]; 3-[A]; 4-[D]
C) 1-[C]; 2-[A]; 3-[D]; 4-[B]
D) 1-[C], 2-[D]; 3-[A]; 4-[B]
Correct Answer: A
Solution :
1-[B]; 2-[C]; 3-[D]; 4-[A]You need to login to perform this action.
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