If liabilities of Rs. 2,00,000 is not taken over by the tranferee company, then what entry will be passed in the books of the transferor company?
A. Liabilities a/c Dr. Rs. 2,00,000 To cash/bank a/c Rs. 2,00,000
B. Realisation
a/c Dr. Rs. 2,00,000 To cash/bank a/c Rs. 2,00,000
C. Cash/bank a/c Dr. Rs. 2,00,000 To Realisation a/c Rs. 2,00,000
D. Liabilities a/c Dr. Rs. 2,00,000 To Realisation a/c Rs. 2,00,000
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good night all
Explanation:
Realisation" (and any subsequent words) was ignored because we limit queries to 32 words.
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