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Selling Expenses

Class 12 Accountancy के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

AccountancyAn asset has book value ₹120000. It is sold for ₹100000 and the firm pays selling expenses ₹3000. What is the net realisation result from this asset?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAsset sold for ₹90000. Selling expenses of ₹4000 were borne by the buyer. What entry for expenses is made by the firm in Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, an asset with a book value of ₹85,000 was sold for ₹79,000, and ₹2,000 was incurred as selling expense. What is the total loss on realization of the asset?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert