Ask a Question

Why is realisation account prepared a) Closing the accounts b) Opening the account

0 votes
146 views
in Accountancy by (98.9k points)
edited
Why is realisation account prepared

a) Closing the accounts
b) Opening the account
c) For profit sharing
d) None of the options

1 Answer

0 votes
by (98.9k points)
edited
a) Closing the accounts

Related questions

0 votes
1 answer 142 views
At the time of retirement of a partner, account is prepared. (a) revaluation A/c
asked Jul 21, 2022 in Accountancy by Doubtly (98.9k points)
0 votes
1 answer 127 views
Which of the following is transferred to Realisation Account ?
asked Jul 21, 2022 in Accountancy by Doubtly (98.9k points)
0 votes
1 answer 164 views
At the time of dissolution of partnership firm _ account is prepared.
asked Jul 21, 2022 in Accountancy by Doubtly (98.9k points)

Doubtly is an online community for engineering students, offering:

  • Free viva questions PDFs
  • Previous year question papers (PYQs)
  • Academic doubt solutions
  • Expert-guided solutions

Get the pro version for free by logging in!

Most popular tags

jeemain geography-10th engineering physics semester 5 web computing

5.7k questions

5.1k answers

108 comments

588 users

Doubtly
...