Discussion Forum : Dissolution Of A Partnership Firm
Question -


To transfer all the accumulated losses, the journal entry is-

Options:
A .    Partner’s capital A/c Dr.         To Losses A/c
B .   Losses A/c Dr.    To Partner’s capital A/c
C .    Partner’s capital A/c Dr.         To Realisation  A/c
D .   Realisation A/c Dr.    To Partner’s capital A/c
Answer: Option A
:
A

To transfer all the accumulated losses, the journal entry is-


 Partner’s capital A/c Dr.


        To Losses A/c



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