Accountancy, asked by poojakhairnar2000, 1 month ago

unutilised realisation expenses are to be _____ to the realisation amount​

Answers

Answered by smvelvizhi1994
0

Explanation:

Credited to Realisation account

Answered by Chaitanya1696
0

We need to fill in the gap given in the sentence ' Unutilised realisation expenses are to be _________________ to the realisation amount

  • Unutilized expenses are the expenses that have been reserved but not paid
  • It may be because the expense which happened was lesser than the amount kept aside
  • This unutilized expense may also occur if the company decides to do away with the expense
  • This unutilized amount has to be recorded in the company's accounts
  • So this amount has to be credited to the realization amount
  • So the correct answer will be,  ' unutilized realization expenses are to be credited to the realization amount​
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