During dissolution of partnership firm the book value of furniture is – InterviewSolution

1.	During dissolution of partnership firm the book value of furniture is ₹ 60,000, but there is no information of its realised value. What will be its accounting effect ?(A) Credited to Cash account(B) Credited to Realisation account(C) Credited to Partner’s capital account(D) No effect
Answer» Correct option is (B) Credited to Realisation account

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