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

Accounts - Principles of Accounts JAMB 2007

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

  • debited to the partners' capital account
  • debited to the realization account
  • debited to the cash account
  • credited to the realization account checkmark

The correct answer is: D

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment