If you look at the realisation A/c, the total of debit side comes down to 35,000 while the total of credit side comes down to 5,000 which means there is a difference of 30,000. Now this 30,000 is nothing but _______________.

Profit on realisation

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Loss on realisation

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Neither profit nor loss on realisation

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None of these

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Solution

The correct option is B
Loss on realisation

If you look at the realisation A/c, the total of debit side comes down to 35,000 while the total of credit side comes down to 5,000 which means there is a difference of 30,000. Now this 30,000 is nothing but loss on realisation.

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Similar questions

Q. The total of debit side comes down to Rs. 9,30,000 while the total of credit side comes down to Rs. 4,90,000. So there’s a of Rs. 4,40,000.

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If you look at the realisation A/c, the total of debit side comes down to 35,000 while the total of credit side comes down to 5,000 which means there is a difference of 30,000. Now this 30,000 is nothing but _______________.

The correct option is B Loss on realisation If you look at the realisation A/c, the total of debit side comes down to 35,000 while the total of credit side comes down to 5,000 which means there is a difference of 30,000. Now this 30,000 is nothing but loss on realisation.

The correct option is B
Loss on realisation

If you look at the realisation A/c, the total of debit side comes down to 35,000 while the total of credit side comes down to 5,000 which means there is a difference of 30,000. Now this 30,000 is nothing but loss on realisation.