CUET and UG exam CUET UG 2025 Mock Test Series Accountancy Partnership Dissolution of Partnership Firm
‘A’ one of the Partners was to bear all the Realisation Expenses for which he was given a commission of 3% of net cash realized from Dissolution. Cash realized from assets was Rs. 25,000. Amount paid for paying off liabilities amounted to Rs. 5,000. The amount of commission will be:-
1
Rs. 750
2
Rs. 150
3
Rs. 800
4
Rs. 600