What will be the journal entry for realisation of an unrecorded asset of ₹15,000?

Cash A/c Dr. ₹15,000 To Realisation A/c ₹15,000

The correct answer is option 1- Cash A/c Dr. ₹15,000 To Realisation A/c ₹15,000.

The journal entry for the realization of an unrecorded asset of 15,000 would be as follows:

(1) Cash A/c Dr 15,000
        To Realisation A/c 15,000

The entry recognizes the increase in the Cash Account with a debit entry. And the unrecorded asset is first transferred to realisation account which is now realised. So, realisation account is credited.

For realisation of any unrecorded assets including goodwill, if any, the following journal entry is passed-
Bank A/c
     To Realisation A/c