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This question belongs to Commerce Accounting
Accounting
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A, B and C were partners sharing profits and losses in the ratio of 3 : 2 : 1. They decided to dissolve the partnership and to distribute the sale proceeds as and when realised. The partner's capitals were:
A - Rs. 10,000, B - Rs. 9,000 and C - Rs. 5,000, B's loan amounted to Rs. 3,000, and Sundry Creditors to Rs. 6,000.
Assets realisation and expenses were as under:
Assets Realised Expenses
July Rs. 5,300 Rs. 500
August Rs. 3,600 Rs. 200
September Rs. 4,500 Rs. 300
October Rs. 4,500 Rs. 200

In September B will receive:

Answer & Solution
Correct Answer: Option D
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