When realisation expenses are paid by the firm on behalf of a partner, such expenses are debited to:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → Partner's Capital Account
NCERT (2026-27 edition):
|
When realisation expenses are paid by the firm on behalf of a partner, such expenses are debited to:
Correct answer: option 2
The correct answer is Option (2) → Partner's Capital Account
NCERT (2026-27 edition):
|
