Accountancy, asked by darpanamudgal11, 7 months ago

Debit balance on realization accounts​

Answers

Answered by SayedaFariaAinee
10

Answer:

Debit balance in realisation account is known as realisation loss. Realization account refers to an account opened by the company when it goes through dissolution to record the profit from the sale of property and losses suffered from liability settlement.

Answered by ItzFashionQueen06
4

Answer:

above answer is correct

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