Accountancy, asked by sakshimalhotra10, 11 months ago

A is to pay bank overdraft. At the time of admission why is A's capital account credited .​

Answers

Answered by mswami72
1

Answer:

Realisation Account is opened at the time of dissolution of a partnership firm. In this account, the assets and liabilities are transferred at their book values. Also, the firm’s assets are realised and liabilities are paid off.

Explanation:

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