Dissolution

Can a partner loan account be realised through their capital account?Doesn't it goes to bank account?...Some solutions to qns shows that dat entry is passed through bank while others through capital a/c..Somebody plz help..

Replies (2)

a partner loan a/c be realised through bank a/c, if specifically no adjustment regarding patner's loan is given in the question.

If all partners are insolvent ,then does the realisation of partner's loan passed through respective capital account?

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