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Question
Matching Question:
On dissolution of a partnership firm:
| (i) | Unrecorded assets sold for cash | (a) | No entry |
| (ii) | Unrecorded asset taken by a partner | (b) | Bank A/с Dr. To Realisation A/c |
| (iii) | Unrecorded assets given to a creditor | (c) | Partner's Capital A/c Dr. To Realisation A/c |
Match the Columns
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Solution
| (i) | Unrecorded assets sold for cash | (b) | Bank A/с Dr. To Realisation A/c |
| (ii) | Unrecorded asset taken by a partner | (c) | Partner's Capital A/c Dr. To Realisation A/c |
| (iii) | Unrecorded assets given to a creditor | (a) | No entry |
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