A cheque of Rs 65000/- received from aruna traders dishoured
Answer Posted / ashwin solanki
Bank A/c Dr. 65000/-
Aruna Traders Cr. 65000/-
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Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry
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