Question

at the time of dissolution of the firm, loan from partners is transferred to
a) revaluation account
b) realisation account
c) capital account
d) cash account​

Answer 1

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At the time of dissolution of the firm, loan from partners is transferred to

a) revaluation account

b) realisation account

c) capital account

d) cash account ✔

At the time of dissolution of the firm, loan from partners is transferred to cash account