- 05/19/2019 at 4:37 am #899092EduGorillaKeymasterSelect Question Language :
Nilay and Poppy were partners sharing profits equally. Their firm was dissolved. Nilay agreed to take over 50% of the stock at 10% less on its book value and the remaining stock was sold at a gain of 15%. Balance sheet show stock amounted ` 35000. By what amount Bank A/c (stockrealised) should be shown on credit side of realization account?
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