Expense paid during the conversion of a partnership to a company are?
A debited to the partners’ capital account
B debited to the realization account
C debited to the cash account
D credited to the realization account
Answer is D
Tutors, Past Questions and Projects.
Expense paid during the conversion of a partnership to a company are?
A debited to the partners’ capital account
B debited to the realization account
C debited to the cash account
D credited to the realization account
Answer is D