The entry for realisation expenses in above case study will be: Option 1: Realisation A/c Dr. To Cash A/c Option 2: Realisation A/c Dr. To G's Capital A/c Option 3: G's Capital A/c Dr. To Realisation A/c Option 4: Cash A/c Dr. To Realisation A/c

The answer is 'Realisation A/c Dr. To G's Capital A/c'. View full solution:

CUET Accountancy - The entry for realisation expenses in above case study will be: | PYQs + Solutions

CUET Accountancy

Partnership

Easy

Realisation A/c Dr.

To Cash A/c

Realisation A/c Dr.

To G's Capital A/c

G's Capital A/c Dr.

To Realisation A/c

Cash A/c Dr.

To Realisation A/c

✅ Correct Option: 2

Related questions:

3 June Shift 1

Partner's current accounts are transferred to respective Partners' _____________________.

30 May Shift 2

All assets (except cash/bank and fictitious assets) are transferred to the ................... side of ................... Account.

15 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Compulsory Dissolution	(I) Partner becomes insane
(B) Dissolution by notice	(II) Death of a partner
(C) Dissolution by Court	(III) Business become illegal
(D) Dissolution on certain contingencies	(IV) Partnership at will

Choose the correct answer from the options given below: