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On dissolution of a firm, Bank overdraft is transferred to. (a) Cash account (b) Bank Account (c) Realization Account (d) None of these

+1 vote

asked Nov 25, 2018 in Class 12 by kratos

On dissolution of a firm, Bank overdraft is transferred to.

(a) Cash account

(b) Bank Account

(c) Realization Account

(d) of these

dissolution of partnership firm
class-12
dissolution of partnership

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1 Answer

+1 vote

answered Jul 19, 2020 by kratos

Best answer

On dissolution of a firm, Bank overdraft is transferred to Realization Account.

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