English

In the process of dissolution of the firm, ______ will be shown as realised at book value, if there is no information regarding the realised value of that asset.

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Question

In the process of dissolution of the firm, ______ will be shown as realised at book value, if there is no information regarding the realised value of that asset.

Options

  • Furniture

  • Goodwill

MCQ
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Solution

In the process of dissolution of the firm, furniture will be shown as realised at book value, if there is no information regarding the realised value of that asset.

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Chapter 5: Dissolution of Partnership Firm - VERY SHORT ANSWER QUESTIONS (1 Mark) [Page 5.78]

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D. K. Goel Accountancy Part 1 and 2 [English] Class 12 ISC
Chapter 5 Dissolution of Partnership Firm
VERY SHORT ANSWER QUESTIONS (1 Mark) | Q 63. | Page 5.78
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