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Question
Matching Question:
At the time of dissolution of a partnership firm:
| (i) | A's wife loan taken over by A | (a) | Realisation Account |
| (ii) | Provision for doubtful debts | (b) | Realisation Account and Partner's Capital Account |
| (iii) | Bank Overdraft will be transferred to | (c) | Realisation Account and Bank Account |
| (iv) | Payment of Partner's loan | (d) | Partner's loan Account and Bank Account |
Match the Columns
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Solution
| (i) | A's wife loan taken over by A | (b) | Realisation Account and Partner's Capital Account |
| (ii) | Provision for doubtful debts | (a) | Realisation Account |
| (iii) | Bank Overdraft will be transferred to | (a) | Realisation Account |
| (iv) | Payment of Partner's loan | (d) | Partner's loan Account and Bank Account |
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