In case of profit on realisation, we pass an entry for transfer- Options: A . &nbsp Cash A/c Dr, To Partner’s capital A/c B . &nbsp Realisation A/c Dr, To Cash A/c C . &nbsp Partner’s capital A/c Dr, To Realisation A/c D . &nbsp Realisation A/c Dr, To Partner’s capital A/c

In case of profit on realisation, we pass an entry for transfer-

Question -

In case of profit on realisation, we pass an entry for transfer-

Options:

A . Cash A/c Dr, To Partner’s capital A/c

B . Realisation A/c Dr, To Cash 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 D
:
D

In case of profit on realisation, we pass an entry for transfer-

Realisation A/c Dr, To Partner’s capital A/c

Was this answer helpful ?

Next Question