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Anu,Bina and charan are partners , the...

Anu,Bina and charan are partners , the firm had given a loan of Rs, 20,000 to Bina .On the event of dissoulution , the loan will be settled By :

A

Transferring it to side of realisation account .

B

Transferring it to credit side of realisation account.

C

Transferring it to debit side of Bina 's Capital account .

D

BinaPaying anu and charan privately .

Text Solution

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The correct Answer is:
C
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  13. On dissolution of firm , which item is debited to the realisation...

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  15. On dissolution of a firm , Debtors Rs, 17,000 were shown in the Bal...

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