How will the Realisation Account closed, if it discloses a loss? Post category:Accountancy Reading time:1 mins read SOLUTION It is closed by transferring to the debit side of partner’s capital accounts in their profit-sharing ratio. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostOn dissolution of a firm, what entry is passed on making payment of realization expenses by a partner? Next PostOn firm’s dissolution, which account should he prepared at the last? You Might Also Like What is N.P. Ratio? October 3, 2022 State any two reasons for the preparation of ‘Revaluation Account’ in case of admission of a Partner? (CBSE Sample Paper 2018) October 8, 2022 What is the meaning of Common Size Statement of Profit & Loss? October 1, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.