Unrecorded assets when taken over by a partner are shown in:
A. Debit side of Realisation A/c
B. Debit side of Bank A/c
C. Credit side of Realisation A/c
D. Credit side of Bank A/c
Answer:C
Unrecorded assets when taken over by a partner are shown in:
A. Debit side of Realisation A/c B. Debit side of Bank A/c C. Credit side of Realisation A/c D. Credit side of Bank A/c