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     EduGorilla 
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    At the time of dissolution, there was an unrecorded asset i.e. Laptop, market price of which was ₹24,000. This laptop was taken by a partner (Mohan) at 50% of the market price. Give journal entry for the same.

    Options :-

    1. Mohan’s Capital A/c  Dr.   12000
      To Bank A/c  12000           

    2. Mohan’s Capital A/c    Dr.  12000
      To Realization Account  12,000   

    3. Realization  A/c  Dr.    12,000
      To Mohan’s Capital A/c  12000       

    4. Bank A/c            Dr.  10000
      To Office Equipment A/c  10000       

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