Dissolution of ...

Partners’ Capital Account is which type of account

If a partner has given any loan to the firm, his loan will be paid ____ payment of all the outside liabilities : but _____making any payment to partners on account of capital

Current Accounts of the partners will be closed by ______

If a partner takeover an assets such partner s account is ___

Amount realized from the sale of assets will be transferred to ______ Account _____ side

In case of deficiencies, losses will be met first from____

Can a partner’s loan be transferred in his capital account?

Value of a Computer given in the balance sheet Rs.6,000. Market value of that computer is Rs.4,000. But nothing is mentioned in the question about the realized value of computer. How much realized value should be recorded?

If there is no liability on account of workmen’s compensation then the whole amount of workmen’s compensation fund will be credited to

When a partner capital account shows a debit balance, his loan account should be transferred to his Capital account by what amount