unutilised realisation expenses are to be _____ to the realisation amount
Answers
Answered by
0
Explanation:
Credited to Realisation account
Answered by
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
Similar questions