On dissolution, what entry is passed if a partner under takes to make payment of a liability of the firm? Post category:Accountancy Reading time:1 mins read SOLUTION Realisation A/c Dr. To Partner’s Capital A/c 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 partnership firm, where is profit or loss on realization transferred? Next PostOn dissolution of firm, what entry is passed for payment of an unrecorded liability? You Might Also Like On dissolution of a firm, what entry is passed on making payment of realization expenses by a partner? September 27, 2022 What is the difference between ‘Operating Profit’ and ‘Net Profit’? October 3, 2022 Following was the Balance Sheet of M.M. Ltd. as at 31st March, 2015: August 18, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
On dissolution of a firm, what entry is passed on making payment of realization expenses by a partner? September 27, 2022