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Dissolution Of Partnership Firm — Accountancy STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceAccountancyDissolution Of Partnership Firm1 Mark
MCQ
On dissolution, when a partner takes over an asset $……….$ is debited:
  • A
    Realisation Account
  • ✓
    Partner’s Capital Account
  • C
    Cash Account
  • D
    Asset Account
✓

Answer

Correct option: B.
Partner’s Capital Account

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