7 :- Pass journal entries for the following :
(a) Firm agreed to pay Alok Rs 7,500 towards dissolution expenses. Dissolution expenses were Rs 10,000, which were paid by the firm.
(b) Realisation expenses were Rs 5,000. It was agreed that the firm will bear Rs 2,000 and balance by Ravi, a partner.
(c) Dissolution expenses of Rs 10,000 were paid by Amit, a partner, onbehalf of the firm.
(d) Realisation expenses upto Rs 6,000 was agreed by the firm to reimburse Ajay. Dissolution expenses were Rs 7,000.