When realisation expenses are paid by the firm on behalf of a partner, such expenses are debited to :
A. Realisation Account
B. Partners’ Capital Account
C. Partner’s Loan Account
D. None of these
Answer:B
When realisation expenses are paid by the firm on behalf of a partner, such expenses are debited to :
A. Realisation Account B. Partners’ Capital Account C. Partner’s Loan Account D. None of these