What is the treatment to be made for assets taken over by a partner at the time of the dissolution of a firm? Options: A . &nbsp Partner's Capital A/c Dr. To Realisation A/c B . &nbsp Realisation A/c Dr. To Partner's Capital A/c C . &nbsp Partner's Capital A/c Dr. To Asset A/c D . &nbsp Bank A/c Dr. To Asset A/c

What is the treatment to be made for assets taken over by a partner at the tim

Question -

What is the treatment to be made for assets taken over by a partner at the time of the dissolution of a firm?

Options:

A . Partner's Capital A/c Dr.
To Realisation A/c

B . Realisation A/c Dr.
To Partner's Capital A/c

C . Partner's Capital A/c Dr.
To Asset A/c

D . Bank A/c Dr.
To Asset A/c

Answer: Option A
:
A

The treatment to be made for assets taken over by a partner at the time of the dissolution of a firm-
Partner's Capital A/c Dr.
To Realisation A/c

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