{"id":132495,"date":"2023-02-27T11:55:48","date_gmt":"2023-02-27T06:25:48","guid":{"rendered":"https:\/\/www.mapsofindia.com\/my-india\/?p=132495"},"modified":"2023-02-27T11:55:48","modified_gmt":"2023-02-27T06:25:48","slug":"at-the-time-of-dissolution-of-a-firm-creditors-are-%e2%82%b9-70000-firms-capital-is-%e2%82%b9-120000-cash-balance-is-%e2%82%b9-10000","status":"publish","type":"post","link":"https:\/\/www.mapsofindia.com\/my-india\/education\/at-the-time-of-dissolution-of-a-firm-creditors-are-%e2%82%b9-70000-firms-capital-is-%e2%82%b9-120000-cash-balance-is-%e2%82%b9-10000","title":{"rendered":"At the time of dissolution of a firm, Creditors are \u20b9 70,000; Firm\u2019s Capital is \u20b9 1,20,000; Cash Balance is \u20b9 10,000&#8230;."},"content":{"rendered":"<h2>These are the options for the Question : At the time of dissolution of a firm, Creditors are \u20b9 70,000; Firm\u2019s Capital is \u20b9 1,20,000; Cash Balance is \u20b9 10,000. Other assets realized \u20b9 1,50,000. Gain\/Loss in the realization account will be:<\/h2>\n<h3>a) \u20b9 30,000 (Gain)<br \/>\nb) \u20b9 40,000 (Gain)<br \/>\nc) \u20b9 40,000 (Loss)<br \/>\nd) \u20b9 30,000 (Loss)<\/h3>\n<p>&nbsp;<\/p>\n<h4>The correct answer is \u2013 d) \u20b9 30,000 (loss)<\/h4>\n","protected":false},"excerpt":{"rendered":"<p>These are the options for the Question : At the time of dissolution of a firm, Creditors are \u20b9 70,000; Firm\u2019s Capital is \u20b9 1,20,000; Cash Balance is \u20b9 10,000. Other assets realized \u20b9 1,50,000. Gain\/Loss in the realization account will be: a) \u20b9 30,000 (Gain) b) \u20b9 40,000 (Gain) c) \u20b9 40,000 (Loss) d) [&hellip;]<\/p>\n","protected":false},"author":21842,"featured_media":131888,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-132495","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-education"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/132495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/users\/21842"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/comments?post=132495"}],"version-history":[{"count":1,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/132495\/revisions"}],"predecessor-version":[{"id":132500,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/132495\/revisions\/132500"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media\/131888"}],"wp:attachment":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media?parent=132495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/categories?post=132495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/tags?post=132495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}