At the dime of firm’s dissolution, Balance of General Reserve shown in the Balance Sheet is credited to :
A. Realisation Account
B. Creditors’ Account
C. Partners’ Capital Accounts
D. Profit & Loss Account
Answer:C
At the dime of firm’s dissolution, Balance of General Reserve shown in the Balance Sheet is credited to :
A. Realisation Account B. Creditors’ Account C. Partners’ Capital Accounts D. Profit & Loss Account