HSC Commerce (Marketing and Salesmanship) 12th Board ExamMaharashtra State Board
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An Account Opened to Find Out the Profit Or Loss on Sale of Assets and Settlement of Liabilities. - HSC Commerce (Marketing and Salesmanship) 12th Board Exam - Book Keeping and Accountancy

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Question

An account opened to find out the profit or loss on sale of assets and settlement of liabilities.

Solution

Realisation account.

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APPEARS IN

 2015-2016 (March) (with solutions)
Question 1.2.4 | 1.00 mark
Solution An Account Opened to Find Out the Profit Or Loss on Sale of Assets and Settlement of Liabilities. Concept: Dissolution of Partnership Firm.
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