Out of the following, which items are to be credited to Realisation A/c?

(A) Liabilities transferred

(B) Sales proceeds of assets

(C) Unrecorded assets realised

(D) Realisation expenses

Choose the correct answer from the options given below:

(A), (B) and (C) only

Correct answer: Option (2) → (A), (B) and (C) only

Concept: Items appearing on the credit side of the Realisation Account, per Dissolution of Partnership Firm.

Credited to Realisation A/c: (A) liabilities transferred (Liabilities A/c Dr. To Realisation A/c), (B) sale proceeds of assets (Bank A/c Dr. To Realisation A/c) and (C) unrecorded assets realised (Bank A/c Dr. To Realisation A/c). (D) Realisation expenses are a payment and are DEBITED (Realisation A/c Dr. To Bank A/c), not credited. Hence A, B and C only.