CUET Preparation Today
| In the event of dissolution of a partnership firm, the provision for doubtful debts is transferred to which account? |
Realization Account Partner's Capital Account Sundry debtors Account None of the above |
| Realization Account |
| It may be noted that sundry debtors are transferred at gross value and the provision for doubtful debts is transferred to the credit side of Realisation Account along with liabilities. |
