Question : While transferring liabilities to realization account is ------------------omitted to be transferred.

Option 1: creditors

Option 2: bank loan

Option 3: employees Provident fund

Option 4: partner's loan account

Question : At the time of the dissolution of the partnership firm. The amount of the Employees Provident Fund shown on the liabilities side of the balance sheet is transferred to

Option 1: Cash account

Option 2: partner's capital account

Option 3: realization account

Option 4: None of the above

Question : At the time of the dissolution of the partnership firm. The amount of the Employees Provident Fund shown on the liabilities side of the balance sheet is transferred to

Option 1: Cash account

Option 2: partner's capital account

Option 3: realization account

Option 4: None of the above

Question : On dissolution of the firm, Bank overdraft is transferred to ....

Option 1: Bank account

Option 2: Realization account

Option 3: Either 1 and 2

Option 4: Partner's capital account

Question : On dissolution of the firm, Bank overdraft is transferred to ....

Option 1: Bank account

Option 2: Realization account

Option 3: Either 1 and 2

Option 4: Partner's capital account