Question:

on dissolution of partnership firm, unrecorded assets when taken over by a partner are shown in :

Updated On: Sep 19, 2024
  • Debit side of Realisation A/c
  • Credit side of Realisation A/c
  • Credit side of Bank A/c
  • Debit side of Bank A/c
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The Correct Option is B

Solution and Explanation

The correct option is (B) :Credit side of Realisation A/c.
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