On firm ’s dissolution, what entry will be passed when a partner voluntarily gives his personal asset to firm’s creditor as payment? 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 firm’s dissolution, what entry will be made on realisation of goodwill which was shown in Balance Sheet? Next PostOn dissolution, patents appearing in Balance Sheet are transferred to which account? You Might Also Like What is meant by Non-Convertible Debentures? September 29, 2022 State one transaction which results in a decrease in ‘Debt-Equity Ratio’ and no change in ‘Current Ratio’. October 3, 2022 What is meant by ‘Private Placement of Shares’? (C.B.S.E. 2019) September 28, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
State one transaction which results in a decrease in ‘Debt-Equity Ratio’ and no change in ‘Current Ratio’. October 3, 2022