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At which value the assets against which provisions exist are transferred to realisation account? - Accounts

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Question

At which value the assets against which provisions exist are transferred to realisation account?

Very Short Answer
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Solution

Assets for which a provision exists are transferred to the realisation account at their gross value.

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Chapter 5: Dissolution of Partnership Firm - SHORT ANSWER QUESTIONS [Page 5.78]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 5 Dissolution of Partnership Firm
SHORT ANSWER QUESTIONS | Q 34. | Page 5.78
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