Question

In case of dissolution, assets are transferred to Realisation Account:

1.at Book Value

2.at Market Value

3.at Cost or Market Value, whichever is less

4.None of the above​

Answer 1

Answer:

Your answer is option 3

Explanation:

In case of dissolution,assets are transferred to realisation account at Cost or Market value whichever is lower

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Answer 2

Answer:

option 3..........................