Accountancy, asked by rarshiya087, 6 hours ago

give the journal entry for realisation expenses paid on Disolution of a firm?

Answers

Answered by Anonymous

4

Explanation:

THE ENTRY SHOULD BE TO DEBIT PARTNER'S CAPITAL A/C AND CREDIT DEBTORS A/C / ACCOUNT RECEIVABLES A

Answered by hariuthiras

2

Answer:

Debit realization account and credit respective partner's capital account with the expense amount.

Explanation:

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