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     EduGorilla 
    Keymaster
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    What journal entry will take place when loan of partner ₹60,000 is paid at the time of dissolution?

    Options :-

    1. Realization A/c    Dr.
      To Cash/Bank A/c

    2. Partner’s Capital A/c Dr.
      To Cash/Bank A/c

    3. Cash/Bank A/c Dr
      To Realization A/c

    4. Partner’s Loan A/c Dr.
      To Cash/Bank A/c

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