The cash and bank balance show a balance of 50,000 and 30,000 respectively. The balance to be transferred to Realisation A/c is _____________

80,000

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30,000

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50,000

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NIL

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Solution

The correct option is D
NIL

The balance to be transferred to Realisation A/c is NIL. Because We transfer non-cash items like (cash and bank) to Realisation A/c

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The cash and bank balance show a balance of 50,000 and 30,000 respectively. The balance to be transferred to Realisation A/c is _____________

The correct option is D NIL The balance to be transferred to Realisation A/c is NIL. Because We transfer non-cash items like (cash and bank) to Realisation A/c

The correct option is D
NIL

The balance to be transferred to Realisation A/c is NIL. Because We transfer non-cash items like (cash and bank) to Realisation A/c