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Question

After realisation of all assets and paying off liabilities, the partners share the remaining cash & bank balances according to the partners' balance.

A
capital
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B
bank
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C
asset
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D
liability
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Solution

The correct option is A capital
After the realisation of all assets and paying off liabilities, the partners share the remaining cash and bank balances according to their capital balance reflecting in the partner's capital account.

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