Accountancy, asked by sanoj4, 7 months ago

on dissolution of firm, credit balance of Partner capital account is paid to...

Answers

Answered by bhaviiiikkaa

0

Answer:

On dissolution, the books of the firm are to be closed. Dissolution process starts by opening the following accounts in the firm’s books:

Realisation Account,

Partner’s Loan Account,

Partners’ Capital Accounts,

Bank or Cash Account.

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