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     EduGorilla 
    Keymaster
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    What journal entry will take place when amount of liability is less than the amount of workmen compensation reserve?

    Options :-

    1. Workmen Compensation Reserve A/c Dr.
      To Bank A/c
      To Partner’s Capital A/c


    2. Workmen Compensation Reserve A/c Dr.
      To Realization A/c
      To Partner’s Capital A/c

    3. Realization A/c Dr.
      To Partners Capital A/c
      To Workmen Compensation Reserve

    4. Realisation A/c Dr.
      To Workmen Compensation Reserve

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