Question

All __liabilities are transferred to the __side of __acccount (Bank/Realisation).

Answer 1

all cash liabilities are transferred to the debit side of Realisation account

Answer 2

All liabilities except shareholders funds and  long term liabilities  (ie, equity or owners capital  )  are transferred to the Credit side of Realisation account.

realisation account prepared when dissolution of partnership , where all assets and liabilities are taken over from balance sheet and closing their ledger accounts by giving effect in realisation account