On dissolution of a firm, where is cash in hand transferred? Post category:Accountancy Reading time:1 mins read SOLUTION On the Debit side of Cash Account. 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, where are assets shown in the balance sheet transferred? Next PostIn the event of dissolution of a partnership firm, where is the provision for doubtful debts transferred? You Might Also Like Best Barcode Ltd. took a loan of Rs. 5,00,000 from a bank giving Rs. 6,00,000; 9% Debentures as collateral security. Pass journal entries regarding issue of debentures, if any, and show this loan in the Balance Sheet of the company. July 18, 2022 X, Y and Z are partners sharing profits and losses in the ratio of 3 : 2 : 1. Balance Sheet of the firm as at 31st March, 2019 was as follows: August 4, 2022 Following is the Balance Sheet of X and Y as at 31st March, 2019. Z is admitted as a partner on that date when the position of X and Y was: August 2, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.