Question

on take over of unrecorded liability by a partner the account debited is
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Answer 1

Explanation:

Unrecorded liabilities are those liabilitiesthat are not shown in the Balance Sheet but they still exist in the business. Although these liabilities are not shown in the books, they still need to the discharged off at the time of dissolution and hence are debited to the Realisationaccount.

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Answer 2

Answer:

In the unlimited partnership ,every partner is liable jointly with other partner and also several for all act of the firm done while he is a partner

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