Goodwill appearing in the balance sheet at Rs. 10,000 proved to be valueless, is not to be recorded on the ------------------ side of realization account
A) Debit
B) Credit
C) Both
D) None of these
Correct Answer:
Verified
Q1: When a liability is assumed by a
Q2: When an unrecorded asset is taken over
Q3: The account opened to close the various
Q4: When a firm is dissolved, project or
Q5: In the event of dissolution of firm
Q7: On dissolution, partners loan, if any, will
Q8: -----------of partnership firm means closing the business
Q9: On dissolution, all assets except cash are
Q10: If a partner takes over some assets
Q11: In the case of dissolution of the
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