Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. on dissolution of a partnership firm, profit or lo

On dissolution of a partnership firm, profit or loss on realisation will be transferred to:...

80.2K

Verified Solution

Question

Accounting

On dissolution of a partnership firm, profit or loss on realisation will be transferred to:

a. Creditors' account

b. Partners' capital account

c. Debtors' account

d. None of the options listed

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

explain with sketches the different types of cams and followers

Mechanical Engineering
Q

Hydraulic excavators always have a 4-bar linkage between the inverted crank-slider mechanism and the bucket. Find...

Mechanical Engineering
Q

Audit Overtime. The performance evaluation of all accountants is based in part on their ability to...

Accounting
Q

A resistance of RQ draws current from a potentiometer Potentiometer has a total resistance Roas...

Physics
Q

22) What would the graph of the following inequality look like? *x?-4Open circle, arrow towards...

Basic Math
Q

Zach scores a ringer 40% of the time that he throws a horseshoe. Let R...

Basic Math
Q

Triangles ABE ADE and CBE are shown on the coordinate grid and all the vertices...

Basic Math
Q

An electronic store can sell q 7 000 p 43 38 cellular phones at a...

Calculus
Q

Using the graph below solve the quadratic equation x 2x 6 0 554 O 6...

Algebra
Q

R&R Tax Service offers tax and consulting services to individuals and small businesses. Data for...

Accounting
Q

16) the Marigold hotel has152 rooms for sale. On March 20, 112 rooms were occupied...

Accounting
Q

The St. Lucia Blood Bank, a private charity partly supported by government grants, is located...

Accounting