Multiple Choice Questions on On firm rsquo s dissolution a partner undertook firm rsquo s creditors at Rs 17 000 In this case the........... for Commerce 12th Preparation

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Multiple Choice Questions

On firm rsquo s dissolution a partner undertook firm rsquo s creditors at Rs 17 000 In this case the...........

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    On firm’s dissolution, a partner undertook firm’s creditors at Rs 17,000. In this case the account will be credited :

    Creditors A/c

    Incorrect Answer

    Cash A/c

    Incorrect Answer

    Realisation A/c

    Incorrect Answer

    Partner’s Capital A/c

    Correct Answer
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    Explanation:

    Partner’s Capital A/c

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