Dissolution of ...

At the time of dissolution a partner cannot take over _______

Unrecorded liability will be shown in:

Money realised from the sale of unrecorded assets is debited to the _________

If Creditors are given ₹20,000 in the balance sheet. But nothing is mentioned under additional information about the payment of the same. How much amount will be paid to the creditors?

Unrecorded asset when realised (in cash) will be _________

Debtors given in the balance sheet ₹17,000. In additional information bad debts of ₹2,000 given and it is also given that debtors have paid their money in full and final settlement after 10% discount. How much amount is received from debtors?

At the time of dissolution, there was an unrecorded asset i.e. Laptop, market price of which was ₹24,000. This laptop was taken by a partner (Mohan) at 50% of the market price. Give journal entry for the same.

What is the accounting treatment of Investment Fluctuation Fund when it is given in the Balance sheet

At the time of dissolution, partner’s loan account is not transferred to _____ account but is retained as a separate account.

In what circumstances a partnership firm can be dissolve?