मराठी

On dissolution of a firm, a partner paid ₹ 700 for the firm's realisation expenses. Which account will be debited? -

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प्रश्न

On dissolution of a firm, a partner paid ₹ 700 for the firm's realisation expenses. Which account will be debited?

पर्याय

  • Cash Account

  • Realisation Account

  • Capital Account of the Partner

  • Profit and Loss Account

MCQ

उत्तर

Realisation Account

Explanation:

When a partner pays for the firm's realisation expenses, the Realisation Account is debited and the Partner's Capital Account is credited.

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