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On dissolution of a firm, partner’s loan...

On dissolution of a firm, partner’s loan account is transferred to:
1) Realisation Account
2)Partner’s Capital Account
3)Partner’s Current Account
4)None of the above.

A

Realisation Account

B

Partner’s Capital Account

C

Partner’s Current Account

D

None of the above.

Text Solution

Verified by Experts

The correct Answer is:
D
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