Rusting, a partner of a firm under dissolution was to get a remuneration 2% of the total assets realised other than cash and 10% of the amount distributed to the partners

Sundry assets (including Cash ₹8,000) realised at ₹1,16,000 and sundry liabilities to be paid ₹31,340. Calculate Rustings’s remuneration and Show your workings clearly. Also pass necessary journal entry for remuneration. 

Marks-3, CBSE: 2024-25/Sample/Q-17