In dissolution why investment fluctuations reserve is not distribute among the partners
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Explanation:
IFF is transferred to the credit side of the Realisation Account, if and only if, Investments appear on the Assets side of the given Balance Sheet
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Answer:
This account is prepared at the time of dissolution of a firm to know the profit/loss at the time of dissolution of the firm. All the assets except cash/bank are transferred to the debit side of realisation account.
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