Accountancy, asked by Anonymous, 8 months ago

Who has to bear dissolution expense , at the time of dissolution of a firm ?​

Answers

Answered by chocolate90
10

This account is prepared to know the profit made or loss incurred at the time of dissolution of a firm. All the assets except cash and bank a/c are transferred to the debit side of realization account and liabilities (not capital accounts) are transferred to the credit side of realization account.

Answered by chetanKrishna11
1

Answer:

please mark me as brainlist .I am your follower.

Similar questions