Which of the following is not transferre

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Target Exam

CUET

Subject

Accountancy

Chapter

Dissolution of Partnership Firm

Question:

Which of the following is not transferred to Realisation Account?

Options:

Balance of Cash Account

Balance of Reserves

Balance of Profit & Loss Account

All of the above

Correct Answer:

All of the above

Explanation:

Balance of Cash account, balance of reserves and balance of profit and loss account is not transferred to realisation account.