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:

Option (B) Realisation A/C is the Answer

Answer 2

Explanation:

a) cash a/c

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