Accountancy, asked by kerkars76, 8 months ago

realisation of assets on dissolution is ​

Answers

Answered by abhishek29umr
3

Answer:

Answer: In case of dissolution, assets and liabilities are transferred to Realisation A/c. Explanation: All the assets (except cash or bank balances) are transferred to the debit side, whereas all the liabilities (except bank overdraft) are transferred to the credit side of Realisation

Answered by DiamondRuler2
0

Answer:

mark me as brainliest

Explanation:

In case of dissolution, assets and liabilities are transferred to Realisation A/c. Explanation: All the assets (except cash or bank balances) are transferred to the debit side, whereas all the liabilities (except bank overdraft) are transferred to the credit side of Realisation Account

Similar questions