Question

35. State whether the following statements are true or false. Correct the false
statementand rewrite them:
(a) The loan of partner's wife from the woman's personal wealth of possession is
paid prior to any payment towards the third party liability.
(b) Realization account is also known as "Accomplishment" account.
(c) Dissolution expenses will be paid lastly from the realization of assets of the firm.

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Answer 1

Answer:

a) true

b)false

c)true

so, l hope it's help you

Answer 2

Answer:

a) false

b)false

c)true