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On dissolution, patents appearing in Balance Sheet are transferred to which account?

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

Realisation Account.







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Previous PostOn firm ’s dissolution, what entry will be passed when a partner voluntarily gives his personal asset to firm’s creditor as payment?               
Next PostHow is dissolution of partnership different from dissolution of partnership firm? (C.B.S.E. Sample Paper, 2018)

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