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Pass Journal entries for the following: 

a. Realisation expenses of Rs.10,000 were paid by Ajay, a partner. 

b. Realisation expenses of Rs.15,000 were to be met by Rahul, a partner, but were paid by the firm. 

c. Ramesh, a partner, was paid remuneration of Rs.25,000 and he was to meet all expenses. 

d. Anuj, a partner, was paid remuneration of Rs.20,000 and he was to meet all expenses. Firm paid an expense of Rs.5,000.

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Journal entries

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

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