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NCERT-DISSOLUTION OF PARTNERSHIP FIRM-Test your Understanding – II
- On dissolution of a firm, bank overdraft is transferred to : 1)Cash A...
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- On dissolution of a firm, partner’s loan account is transferred to: 1)...
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- After transferring liabilities like creditors and bills payables in th...
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- When realisation expenses are paid by the firm on behalf of a partner,...
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- Unrecorded assets when taken over by a partner are shown in : 1)Debit ...
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- Unrecorded liabilities when paid are shown in: 1)Debit of Realisation ...
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- The accumulated profits and reserves are transferred to : 1)Realisatio...
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- On dissolution of the firm, partner’s capital accounts are closed thro...
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