Question

Unrecorded Liability, when paid on the dissolution of a firm, is debited to -

• A. Realisation A/c
• B. Revaluation A/c
• C. Capital A/c
• D. None of these

Answer 1

The correct option is A

Realisation A/c

Unrecorded Liability, when paid on the dissolution of a firm, is debited to - Realisation A/c