On the dissolution of the firm, cash in hand is transferred to ______________. Options: A . &nbsp Realisation A/c B . &nbsp Partner's Capital A/c C . &nbsp Cash Account D . &nbsp Creditors Account

On the dissolution of the firm, cash in hand is transferred to _____________

Question -

On the dissolution of the firm, cash in hand is transferred to ______________.

Options:

A . Realisation A/c

B . Partner's Capital A/c

C . Cash Account

D . Creditors Account

Answer: Option C
:
C

On the dissolution of the firm, cash in hand is transferred to Cash Account.

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