The accounting entry for cash realized from the sale of a...
The accounting entry for cash realized from the sale of assets on the dissolution of a partnership is debit......
Cash account, credit partners capital account
Asset account; credit cash account
Cash account; credit realization account
Realization account; credit cash account
Correct answer is C
No explanation has been provided for this answer.
Use the following to answer the given question Creditors Control Account: \(\begin{array}{c|c}...
One of the purposes of maintaining the account of a branch at the head office is to? ...
\(\begin{array}{c|c} \text{Branch stock account (at selling price)} & D346,000 - debit \\ \text{...
The issued share capital is the number of shares that are ...
Use the following information to answer the given question. \(\begin{array}{c|c} & ₦\\ \hli...
The amount for which a business is sold is ...
Which of the these entries is wrong PURCHASES ACCOUNT \(\begin{array}{c|c} & N & &...