___liabilities are transferred to the Realisation account.

None of these

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Both

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External

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Internal

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Solution

The correct option is C
External

Both external and internal are transferred to the Realisation account.

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Similar questions

All external liabilities are transferred to the ___side of Realisation account.

_____________ is/are not transferred to Realisation A/c.

Q. Select the most appropriate alternative from those given below :

Assets and liabilities are transferred to Realisation Account at their ____________values.
a) market
b) purchase
c) sale
d) book

After transferring liabilities like creditors and bills payables in the realisation account, in the absence of any information regarding the payment, such liabilities are treated as ___

For closure of liabilities accounts, Realisation account is ______.

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___liabilities are transferred to the Realisation account.

The correct option is C External Both external and internal are transferred to the Realisation account.

The correct option is C
External

Both external and internal are transferred to the Realisation account.