Question

32. On firm's dissolution, on realisation of goodwill (which was shown in
Balance Sheet) will be credited to:
(A) Cash A/C
(B) Realisation A/C
(C) Profit & Loss A/C
(D) None of the A/C

Answer 1

Answer:

(D) None of the A/C

Explanation:

(D) None of the A/C...........☺️

Answer 2

Answer:

Answer is (D) None of the A/C