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Question
Matching Question:
| (i) | Partner's loan to the firm | (a) | Is asset for firm |
| (ii) | Firm loan to the partner | (b) | Is liability for the firm |
Match the Columns
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Solution
| (i) | Partner's loan to the firm | (b) | Is liability for the firm |
| (ii) | Firm loan to the partner | (a) | Is asset for firm |
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