Amount realised from sale of assets is recorded in :
A. Debit side of Realisation Account
B. Credit side of Realisation Account
C. Liabilities side of Balance Sheet
D. Assets side of Balance Sheet
Answer:B
Amount realised from sale of assets is recorded in :
A. Debit side of Realisation Account B. Credit side of Realisation Account C. Liabilities side of Balance Sheet D. Assets side of Balance Sheet