Question : On dissolution, the final balance of capital accounts are transferred to

Option 1: Realisation Account

Option 2: Cash Account

Option 3: Profit & Loss Account

Option 4: Loan Accounts of Partners

Question : At the time of dissolution of the partnership firm, fictitious assets are transferred to :

Option 1: Capital Accounts of Partners

Option 2: Realisation Account

Option 3: Cash Account

Option 4: Partners' Loan Account

Question : At the time of dissolution of the partnership firm, fictitious assets are transferred to :

Option 1: Capital Accounts of Partners

Option 2: Realisation Account

Option 3: Cash Account

Option 4: Partners' Loan Account

Question : At the time of dissolution of partnership firm, fictitious assets are transferred to

Option 1: Capital Accounts of Partners

Option 2: Realisation Account

Option 3: Cash Account

Option 4: Partners’ Loan Account

Question : At the time of dissolution of partnership firm, Deferred Revenue Expenditure (Advertisement) Expenditure) is transferred to

Option 1: Capital Account of Partners

Option 2: Realisation Account

Option 3: Cash Account

Option 4: Loan by Partner Account