wiz-icon
MyQuestionIcon
MyQuestionIcon
3
You visited us 3 times! Enjoying our articles? Unlock Full Access!
Question

All assets (except cash/bank and fictitious assets) are transferred to the ___ side of Realisation Account.


A

None of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

Not sure

No worries! We‘ve got your back. Try BYJU‘S free classes today!
C

Credit

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

Debit

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D

Debit


All assets (except cash/bank and fictitious assets) are transferred to the debit side of Realisation Account.


flag
Suggest Corrections
thumbs-up
3
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Shutting Down the Business
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon