Chemistry, asked by snehakashyap4940, 11 months ago

Why realization account is necessary at the time of dissolution

Answers

Answered by Anonymous
0

Why realization account is necessary at the time of dissolution?

=> To ascertain the profit or loss due to the realisation of assets and liabilities.

Answered by nancy5626
2

Answer:

The object of preparing reallisation account of the dissolved firm and to determine profit or loss on the reallisation of asserts and payment of liabilities


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