Financial and Management Accounting

1: Match List I (Transaction) with List II (Entry to be made) and select the correct answer by using the codes given below the list:     List-I                                                          List- II 1. Loss on realisation                         (a) Debits partner's capital A/C 2. Profit on realisation                         (b) Credit realisation A/C 3. Assets sold                                      (c) Credit Partner's A/C 4. Creditors paid                                  (d) Debit realisation A/C