What is the treatment of provisions against assets on dissolution of a firm? Post category:Accountancy Reading time:1 mins read SOLUTION Provisions against assets are credited to Realisation A/c. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostAt which value the assets against which provisions exist are transferred to Realisation Account? Next PostWhat entry is passed when an asset is given to a Creditor in full settlement of his dues? You Might Also Like Give any two circumstances in which sacrificing ratio may be applied. (C.B.S.E. 2019) October 7, 2022 What is the purpose of allowing interest on partners’ capital? September 26, 2022 Show how the following will be recorded in the Capital Accounts of the Partners Sohan and Mohan when their capitals are fluctuating: July 21, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Give any two circumstances in which sacrificing ratio may be applied. (C.B.S.E. 2019) October 7, 2022
Show how the following will be recorded in the Capital Accounts of the Partners Sohan and Mohan when their capitals are fluctuating: July 21, 2022