Expense paid during the conversion of a partnership to a company are?

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

Leave a Reply

MEET OVER 2000 NOUN STUDENTS HERE. 

Join us for latest NOUN UPDATES and Free TMA answers posted by students on our Telegram. 

OUR ONLINE TUTORIAL CLASS IS NOW ON!!! JOIN US NOW. 
JOIN NOW!
close-link
%d bloggers like this: