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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Realisation loss is not transferred to insolvent partner’s capital account. - Book Keeping and Accountancy

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प्रश्न

Realisation loss is not transferred to insolvent partner’s capital account.

पर्याय

  • Agree

  • Disagree

MCQ
चूक किंवा बरोबर
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उत्तर

I disagree with the given statement.

Explanation:

All partners of the firm are responsible for a loss on realization. Hence, loss on realization is supposed to be transferred to all partners’ capital accounts without any discrimination of solvent or insolvent.

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