in dissolution of a firm partners` loan a/c must be settled by transferring it to capital a/c or cash a/c - Accountancy - Dissolution of Partnership Firm

Question

in dissolution of a firm partners` loan a/c must be settled by
transferring it to capital a/c or cash a/c (if nothing is mentioned
in the question)?

R C Gupta · Accepted Answer

PARTNERS LOAN A/C IS NOT TRANSFERRED TO CAPITAL A/C AT DISSOLUTION
IT IS SEPARATELY PREPARED AND ALSO SHOWN IN CASH A/C

in dissolution of a firm partners` loan a/c must be settled by transferring it to capital a/c or cash a/c (if nothing is mentioned in the question)?