Millionaire Mode

Dissolution of firm - class-XI

Question 1 of 75

Where it is agreed that a partner will be paid a lump sum amount for dissolution of the payment is made by the firm, the payment is debited to ____________ .

  1. Realisation Account
  2. Concerned Partner's Capital Account
  3. All Partners' Capital Accounts
  4. None of these

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000