Which of these accounts is dissolution expenses credited?...
Which of these accounts is dissolution expenses credited?
Partners capital account
Revaluation account
Partners current account
Realization account
Correct answer is D
Realization account: the cash realized from sales of asset is credited to it.
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Use the information below to answer this question. \(\begin{array}{c|c} \text{Raw materials jan.}...
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Discounts granted branch customers are treated as a debit to branch? ...