On dissolution, what entry is passed if a partner under takes to make payment of a liability of the firm? 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 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 partnership firm, where is profit or loss on realization transferred? Next PostOn dissolution of firm, what entry is passed for payment of an unrecorded liability? You Might Also Like While preparing Cash Flow Statement what type of activity is, ‘Payment of Cash to acquire Debentures by an Investment company’? October 6, 2022 Do you think that the loan by a partner is transferred to Realisation Account at the lime of dissolution of a firm? Why? September 27, 2022 What is Operating Ratio? How is it calculated? October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
While preparing Cash Flow Statement what type of activity is, ‘Payment of Cash to acquire Debentures by an Investment company’? October 6, 2022
Do you think that the loan by a partner is transferred to Realisation Account at the lime of dissolution of a firm? Why? September 27, 2022