Question
Accountancy Question on Dissolution of Partnership Firm
on dissolution of partnership firm, unrecorded assets when taken over by a partner are shown in :
A
Debit side of Realisation A/c
B
Credit side of Realisation A/c
C
Credit side of Bank A/c
D
Debit side of Bank A/c
Answer
Credit side of Realisation A/c
Explanation
Solution
The correct option is (B) :Credit side of Realisation A/c.