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Name an item which is transferred to credit side of Realisation Account at the time of dissolution of partnership firm, but does not involve cash payment. - Accounts

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Question

Name an item which is transferred to credit side of Realisation Account at the time of dissolution of partnership firm, but does not involve cash payment.

Very Short Answer
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Solution

  1. Accumulated Depreciation
  2. Investment Fluctuation Fund
  3. Provision for Doubtful Debts
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Chapter 5: Dissolution of Partnership Firm - SHORT ANSWER QUESTIONS [Page 5.81]

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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 50. | Page 5.81
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