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how to prepare realisation account
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how to prepare realisation account
Firstly, u have to show all the assets items in Dr. side of realisation account at book value and liabilities at book value in Cr. side. Then the assets realised amount will be recorded in the cr. side and payment made to liabilities in dr. side. At last realisation expenses will be shown in dr. side. Now, the balancing figure will be profit/loss on realisation.
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how to prepare realisation account
realisation A/c increase in assets show dr side while decrease in assets show Cr side
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how to prepare realisation account
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how to prepare realisation account for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about how to prepare realisation account covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for how to prepare realisation account.
how to prepare realisation account for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about how to prepare realisation account covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for how to prepare realisation account.
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