A & B were partners in a partnership firm. Due to the ill health of B they decided to dissolve the firm. The position of assets and liabilities on the date of dissolution was:

It was agreed that following transactions will take place:

a) A wanted to start the business in sole proprietorship so he took building and furniture at 10% less than book value.
b) All the debtors proved good except a person C who did not pay ₹10000

Following items appear on the Debit side of Realisation A/C except:
A. Transfer of Assets
B. Payment of liabilities
C. Provisions
D. Realisation expenses
E. Asset taken over by partner
Choose the correct answer from the options given below:

C & E only

* Transfer all asset accounts, except for cash, bank accounts, and any fictitious assets, if present, to the debit side of the Realisation Account at their respective book values. Notably, sundry debtors should be transferred at their gross value, and any provision for doubtful debts should be moved to the credit side of the Realisation Account, alongside the liabilities. The same treatment applies to fixed assets if a provision for depreciation account is in use.
* If any partner takes over the asset then the journal entry will be- Partner's Capital A/c
                                                                                                                   To Realisation A/c
So, it means realisation account is credited.