In the case of a dissolution of a firm,

CUET Preparation Today

Start Free Mocks

Home Questions ZG5CCTYNTH

Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Dissolution of Partnership Firm

Question:

In the case of a dissolution of a firm, accumulated losses are transferred to:

Options:

Realisation Account in Equal Ratio

Realisation Account in Profit Sharing Ratio

Capital Accounts in Equal Ratio

Capital Accounts in Profit Sharing Ratio

Correct Answer:

Capital Accounts in Profit Sharing Ratio

Explanation:

The correct answer is Option (4) → Capital Accounts in Profit Sharing Ratio