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B's capital is credit ₹48000. Share of accumulated loss is ₹7500 and interest on capital due is ₹2500. What is final balance?

Answer and explanation

Correct answer: Credit ₹43000

Accumulated loss is deducted and interest on capital is added. ₹48000 minus ₹7500 plus ₹2500 equals ₹43000.

Related tags

DissolutionNumericalInterest On CapitalPartner AccountsDissolution Of A Partnership FirmAccountancyClass 12 Mcq

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