HSC Arts 12th Board ExamMaharashtra State Board
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If Any Unrecorded Liability is Paid on Dissolution of the Firm ___________ is Debited. - HSC Arts 12th Board Exam - Book Keeping and Accountancy

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Question

If any unrecorded liability is paid on dissolution of the firm ___________ is debited.

 

  • (a) Cash / Bank Account 

  • (b) Realization Account

  • (c) Partners' Capital Account 

  • (d) Partners' Loan Account

Solution

Realisation A/c.

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APPEARS IN

 2017-2018 (March) (with solutions)
Question 1.3.4 | 1.00 mark
Solution If Any Unrecorded Liability is Paid on Dissolution of the Firm ___________ is Debited. Concept: Dissolution of Partnership Firm.
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