Practicing Success
An unrecorded Investment realised at the time of Dissolution of partnership firm sold for 5,00,000. How will it be treated in Realisation Account? |
Realisation A/C Debited Realisation A/C Credited Revaluation A/C Debited Revaluation A/C Credited |
Realisation A/C Credited |
Realisation A/C Credited. |