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On the basis of following data, final payment to a partner on firm’s dissolution ' will be made : Debit balance of Capital Account ₹14,000; Share of his profit on realisation ₹43,000; Firm’s asset taken over by him for ₹17,000.

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On the basis of following data, final payment to a partner on firm’s dissolution ' will be made : Debit balance of Capital Account ₹14,000; Share of his profit on realisation ₹43,000; Firm’s asset taken over by him for ₹17,000.






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