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On dissolution of the firm, ______ will be debited to the Realisation Account. -

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Question

On dissolution of the firm, ______ will be debited to the Realisation Account.

Options

  • Realistion expenses paid by the partner 

  • Balance of Reserve Fund 

  • Amount of Unrecorded Asset 

  • Creditor's balance shown in the Balance Sheet

MCQ
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Solution

On dissolution of the firm, realisation expenses paid by the partner will be debited to the Realisation Account.

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