In the event of dissolution of a partnership firm, where is the provision for doubtful debts transferred? Post category:Accountancy Reading time:1 mins read SOLUTION On the Credit side of Realisation Account. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostOn dissolution of a firm, where is cash in hand transferred? Next PostOn dissolution of a partnership firm, where is profit or loss on realization transferred? You Might Also Like Under which type of activity will you classify ‘Refund of Income Tax received’ while preparing the Cash Flow Statement? October 4, 2022 Distinguish between ‘Fixed Capital Account’ and fluctuating Capital Account’ on the basis of credit balance. September 26, 2022 For which of the following situations, the old profit-sharing ratio of partners is used at the time of admission of a new partner? (a) When new partner brings only a part of his share of goodwill. (b) When new partner is not able to bring his share of goodwill. (c) When, at the lime of admission, goodwill already appears in the balance sheet. (d) When new partner brings his share of goodwill in cash. (C.B.S.E. Sample Paper2020) October 8, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Under which type of activity will you classify ‘Refund of Income Tax received’ while preparing the Cash Flow Statement? October 4, 2022
Distinguish between ‘Fixed Capital Account’ and fluctuating Capital Account’ on the basis of credit balance. September 26, 2022
For which of the following situations, the old profit-sharing ratio of partners is used at the time of admission of a new partner? (a) When new partner brings only a part of his share of goodwill. (b) When new partner is not able to bring his share of goodwill. (c) When, at the lime of admission, goodwill already appears in the balance sheet. (d) When new partner brings his share of goodwill in cash. (C.B.S.E. Sample Paper2020) October 8, 2022