Question
Accountancy Question on Partnership
Aman and Mohan, partners of a firm decided to dissolve the business on 31-03-22. The firm decided to pay realisation expenses of ₹ 1,000 on behalf of Mohan. ₹1000 will be debited to
A
Realisation A/C
B
Mohan's capital A/C
C
Bank A/C
D
Aman's capital A/C
Answer
Mohan's capital A/C
Explanation
Solution
The correct option is (B): Mohan's capital A/C