Question:
Unrecorded assets when taken over by a partner on dissolution are shown in:
Unrecorded assets when taken over by a partner on dissolution are shown in:
Updated On: Apr 19, 2024
- Debit of Realisation Account
- Debit of Bank Account
- Credit of Realisation Account
- Credit of Bank Account
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The Correct Option is C
Solution and Explanation
The correct option is (C): Credit of Realisation Account
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