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Question
Matching Question:
On dissolution of a partnership firm:
| (i) | Dissolution of Partnership which account is prepared | (a) | Profit and Loss Account |
| (ii) | Dissolution of Partnership firm which account is prepared | (b) | Realisation Account |
| (iii) | Retirement of a partner which account is prepared | (c) | Revaluation Account |
| (d) | Profit & Loss Appropriation Account |
Match the Columns
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Solution
| (i) | Dissolution of Partnership which account is prepared | (c) | Revaluation Account |
| (ii) | Dissolution of Partnership firm which account is prepared | (b) | Realisation Account |
| (iii) | Retirement of a partner which account is prepared | (c) | Revaluation Account |
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