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     EduGorilla 
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    Pooja (one partner) agreed to pay off her husband’s loan Rs.14,000. What journal entry should take place for the same?

    Options :-

    1. Pooja’s Capital A/c  Dr.  14000
      To Realization Account  14000         

    2. Realization A/c    Dr.  14000
      To Bank A/c  14000 

    3.     Realization A/c  Dr.  14000
          To Pooja’s Capital A/c  14000      
          .   

    4.      Realization A/c    Dr.  14000
           To Loan A/c  14000      

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