On dissolution of a partnership firm, an unrecorded computer of ₹5000 was taken by a partner for ₹4300 against payment. Which account will be credited and by how much amount? |
Realisation Account by ₹4300 Partner’s Capital Account by ₹5000 Cash Account by ₹4300 Realisation Account by ₹700 |
Realisation Account by ₹4300 |
For an asset taken over by a partner- |