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Entry for a partner's remuneration for dissolution work:
ADr Capital, Cr Realisation
BDr Bank, Cr Realisation
CDr Realisation, Cr Capital
DDr Realisation, Cr Bank
Answer & Solution
Correct answer: C. Dr Realisation, Cr Capital
The remuneration is a realisation cost, so Realisation is debited and the partner's capital credited.
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