Plzz reply fast

Hello Frnzz..

In preparation of realisation A/c during the dissolution of partnership firm we generally dont take cash and bank A/c's Rite ?

So during the preparation of realisation A/c for  amalgamtion also do we take cash and bank A/c's or not..??

Plzz reply Fast :)

 

Regards,

Jainith :)

Replies (3)

Yes Correct

 

yes,Because we cannot revalue the cash and bank a/c(value cannot change)

agar new company cash/bank balance takeover karti hai to realisation ac me dr hoga

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