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In the event of dissolution of a partnership firm, the provision for doubtful debts is transferred to ______. -

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Question

In the event of dissolution of a partnership firm, the provision for doubtful debts is transferred to ______.

Options

  • Realisation Account

  • Partner's Capital Accounts

  • Sundry Debtors Account

  • None of these

MCQ
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Solution

In the event of dissolution of a partnership firm, the provision for doubtful debts is transferred to Realisation Account.

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