No products in the cart.

How will the realisation acc. Closed, …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

How will the realisation acc. Closed, if it discloses a loss?
  • 1 answers

Monika Rajpurohit 6 years, 9 months ago

It is closed by transferring to the debit side of partner's capital acc. In their profit sharing ratio
http://mycbseguide.com/examin8/

Related Questions

Accounting for partnership Firms Fundamentals notes
  • 0 answers
U and V Were Partners in a firm
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App