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DP
Question Practice

When a partner takes over an unrecorded asset, how is it accounted in the Realisation Account?

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MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Dissolution of Partnership Firm
Question Bank

When a partner takes over an u...

Single Answer MCQ
Q-00082379

When a partner takes over an unrecorded asset, how is it accounted in the Realisation Account?

1

Debited to Realisation Account

2

Credited to Bank Account

3

Credited to Realisation Account

4

Debited to Partner’s Capital Account

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