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Why partner’s loan is not transferred to realisation A/c? - Accounts

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Question

Why partner’s loan is not transferred to realisation A/c?

Very Short Answer
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Solution

Partner’s Loan is not an outside liability.

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Chapter 5: Dissolution of Partnership Firm - SHORT ANSWER QUESTIONS [Page 5.79]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 5 Dissolution of Partnership Firm
SHORT ANSWER QUESTIONS | Q 40. | Page 5.79
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