Name an item which is transferred to credit side of Realisation Account at the time of dissolution of partnership firm, but does not involve cash payment. (C.B S.E. 2020, Mumbai Chennai) Post category:Accountancy Reading time:1 mins read SOLUTION Any one: Provision for Doubtful Debts; Accumulated Depreciation; Investment Fluctuation Fund. 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 PostState the order of payment of the following, in case of dissolution of partnership firm: (i) to each partner proportionately what is due to him / her from the firm for advances as distinguished from capital (i.e., partners’ loan); (ii) to each partner proportionately what is due to him on account of capital; and (iii) for the debts of the firm to the third parties. (C.B.S.E. Sample Paper, 2019) Next PostState two essential features of a company. You Might Also Like From the following information, calculate Net Cash Flow from Operating Activities and Financing Activities: August 18, 2022 A, B and C are partners sharing profits in the ratio of 5: 2: 1. If the new ratio on the retirement of C is 5: 2, what will be the gaining ratio? September 27, 2022 Following is the extract of the Balance Sheet of Neelkant and Mahadev as on 31st March, 2019. Balance sheet as at 31st March, 2019 July 21, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.