CUET Accountancy - The entry for realisation expenses in above case study will be: | PYQs + Solutions

CUET Accountancy

Partnership

Easy

Realisation A/c Dr.

To Cash A/c

Realisation A/c Dr.

To G's Capital A/c

G's Capital A/c Dr.

To Realisation A/c

Cash A/c Dr.

To Realisation A/c

✅ Correct Option: 2

Related questions:

27 May Shift 1

Choose combination of statements that are true about dissolution-

(A) Dissolution of partnership can not take place without intervention of the court.

(B) Court can order a firm to be dissolved when a partner becomes insane.

(D) A partnership is dissolved when there is a death of a partner.

Choose the correct answer from the options given below:

3 June Shift 1

Romesh took over stock at Rs.8,100, which is 10% less then its book value. The book value of the stock was .........

16 May Shift 1

Amount of Assets realized debited to Bank Account will be:

CUET Accountancy PYQs