English, asked by SoTy1141, 8 months ago

state the reason why a partner's wife lone is transferred to realisation account?

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Answered by gungunbajpai061105
1

Answer:

We do not transfer the loan by a partner to firm to Realisation account, it remains in its account itself. At the time of settlement, i.e., payment of liabilities, we pay partner's loan after paying the outside liabilities but before payment of capital. Amount (Dr.)

Explanation:

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Answered by arpandas2341
6

Answer:

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