Question
Accountancy Question on Dissolution of Partnership Firm
On a Dissolution of a firm, repayment of Partner's loan to the firm will be shown in :
A
Credit of Realisation Account
B
Partner's Capital Account
C
Partner's Current Account
D
Credit of Bank A/c
Answer
Credit of Bank A/c
Explanation
Solution
The correct option is (D) :Credit of Bank A/c.