English, asked by prajnamahabian22, 5 months ago

if any liability settle by partner _ aaccount is credited

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Answered by pawansaklani4747

Answer:

EXPENSES PAID BY THE PARTNER TOWARDS REALISATION WILL BE DEBITED TO REALISATION A/C AND CREDITED TO PARTNER'S CAPITAL A/C. Answer: Debit realization account and credit respective partner's capital account with the expense

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if any liability settle by partner _ aaccount is credited​

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if any liability settle by partner _ aaccount is credited