2 :- Land and building (book value) Rs 1,60,000 sold for Rs 3,00,000 through a broker who charged 2% commission on the deal. Journalise the transaction, at the time of dissolution of the firm.
Solution :-
2 :- Land and building (book value) Rs 1,60,000 sold for Rs 3,00,000 through a broker who charged 2% commission on the deal. Journalise the transaction, at the time of dissolution of the firm.
Solution :-