Q. Realization account Dr.To partner’s capital a/c; this entry is recorded when (Solved)
1. Profit is transferred
2. Unrecorded liability is discharged
3. Asset taken over
4. (a) and (b)
- d. (a) and (b)
1. Profit is transferred
2. Unrecorded liability is discharged
3. Asset taken over
4. (a) and (b)