On dissolution of a firm of A and B, Mrs. A's loan will be transferred to:
(
This question was previously asked in
Shift 01/06/2023 8:30 AM - 11:30 AM
A
Cash A/c
B
Bank A/c
C
Realisation A/c
D
A's Capital A/c
Correct Answer
Realisation A/c
Detailed Explanation
NOTE AS PER NTA THE ANSWER TO THIS QUESTION IS (3)
Get Dubuddy App
Practice on the go with our mobile app
More CUET Questions
1
State the accounting treatment of Endowment Fund in financial statement of a public hospital.
(
2
Steps in the preparation of Income and Expenditure account are:
(A) Take revenue receipts to the credit side and revenue expenses to the debit side of Income and Expenditure A/c
(B) Persue Receipt and Payment Account thoroughly
(C) Exclude the capital receipts and capital payments
(D) Close the account to find surplus or deficit
Choose the correct answer from the options given below:
(
3
Identify that account from which loss on issue of debentures can be written off when securities Premium Reserve fall short.
(
4
Identify the tool of financial statement analysis that represent relationship between two accounting figures.
(
Test Series
CUET Subjects
Your CUET Journey Starts with DuBuddy
CUET ki Practice Means DuBuddy Pe Practice