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     EduGorilla 
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    There was an unrecorded liability regarding creditors of ₹5,000. The actual amount was decided to settle this liability was ₹3,100. Mohan (one partner) is ready to pay that liability. Give entry.

    Options :-

    1. Realization A/c  Dr.  3100
        To Mohan’s Capital A/c  3100

    2. Realization A/c  Dr.  5000
         To Mohan’s Capital A/c  5000

    3. Realization A/c  Dr.  1900
        To Mohan’s Capital A/c  1900

    4. No Entry.

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