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which account is debited when liabilities already transferred to realisation account , are paid in cash?
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which account is debited when liabilities already transferred to reali...
The amount paid to settle liabilities already transferred to the Realisation Account is debited to the Realisation Account, crediting the Cash (or bank) Account. 6. The Realisation account is then balanced. The balance represents either loss or profit.
This question is part of UPSC exam. View all Commerce courses
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which account is debited when liabilities already transferred to reali...
Realisation account will be debited
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which account is debited when liabilities already transferred to realisation account , are paid in cash? Related: CBSE Sample Question Paper Accountancy (Part - 4) - 2017 - 18
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