Vidyalelo
Commerce · Q1219

Accounting

Graduate and Post Graduate · Commerce · question 1219

Q1219

On dissolution of a firm while transferring the assets to realisation account. The realisation account is:

A.
Debit
Answer
B.
Credit
C.
Debit or Credit
D.
None of the above

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board