मराठी

State Whether the following Statement is True or False: Partner's Loan is transferred to the Realisation Account with the liabilities of the firm.

Advertisements
Advertisements

प्रश्न

State Whether the following Statement is True or False:

Partner's Loan is transferred to the Realisation Account with the liabilities of the firm.

चूक किंवा बरोबर
Advertisements

उत्तर

This statement is false.

Explanation:

Partner’s Loan is not transferred to the Realisation Account. It is settled separately after paying the outside liabilities of the firm.

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 5: Dissolution of a Partnership Firm - OBJECTIVE TYPE QUESTIONS [पृष्ठ ५.९८]

APPEARS IN

डी. के. गोएल Accountancy Part A Volume 1 and 2 [English] Class 12
पाठ 5 Dissolution of a Partnership Firm
OBJECTIVE TYPE QUESTIONS | Q (A) 14. | पृष्ठ ५.९८
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×