On dissolution of a firm, what entry is passed on making payment of realization expenses by a partner? Post category:Accountancy Reading time:1 mins read SOLUTION Realisation A/c Dr. To Partner’s Capital A/c Please Share This Share this content Opens in a new window X Opens in a new window Facebook 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 firm, what payment Is made first from the personal assets of a partner? Next PostHow will the Realisation Account closed, if it discloses a loss? You Might Also Like State any two reasons for the preparation of ‘Revaluation Account’ on the admission of a partner. September 26, 2022 Raman Ltd. paid Rs. 60,000 as instalment for machinery purchased on credit which included interest of Rs. 10.000. How will this payment be presented while preparing Cash Flow Statement? October 6, 2022 From the following compute Current Ratio: August 5, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
State any two reasons for the preparation of ‘Revaluation Account’ on the admission of a partner. September 26, 2022
Raman Ltd. paid Rs. 60,000 as instalment for machinery purchased on credit which included interest of Rs. 10.000. How will this payment be presented while preparing Cash Flow Statement? October 6, 2022