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    Special Accounting
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    Exam 6: Dissolution and Settlement of Partnership Firm
  5. Question
    When a Liability Is Assumed by a Partner His Capital
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When a Liability Is Assumed by a Partner His Capital

Question 19

Question 19

Multiple Choice

When a liability is assumed by a partner his capital account is ----------


A) Debited
B) Credited
C) deducted
D) None of these

Correct Answer:

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