On dissolution of a firm, bank overdraft is transferred to: Option 1: Bank Account Option 2: Realisation Account Option 3: Partners' Capital Account Option 4: Partners' Loan Account

The answer is 'Realisation Account'. View full solution:

CUET Accountancy - On dissolution of a firm, bank overdraft is transferred to: | PYQs + Solutions

CUET Accountancy

Partnership

Medium

Bank Account

Realisation Account

Partners' Capital Account

Partners' Loan Account

✅ Correct Option: 2

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