Symbiosis National Aptitude Test
Question : Sunil, a partner, is paid a remuneration of Rs.25,000 for dissolution work. Realisation expenses amounted to Rs. 9,000 were paid by him. The realization account will be debited by
Option 1: Rs 25,000
Option 2: Rs 9,000
Option 3: Rs 34,000
Option 4: Rs 16,000
Correct Answer: Rs 34,000
Solution : Answer = Rs 34,000 Realisation a/c Dr 25,000 To Sunil's capital a/c 25,000 (Remuneration) When expenses are paid by the partner Realisation a/c Dr 9,000 To Sunil's capital a/c 9,000 (OR) Realisation a/c Dr 34,000 To Sunil's capital a/c 34,000 Hence, the correct option is 3.
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