At the time of dissolution, all the assets of the firm are transferred to Real

Question -

At the time of dissolution, all the assets of the firm are transferred to Realisation Account at ___________ values.

Options:

A . Market

B . Book

C . Realizable

D . None of these

Answer: Option B
:
B

At the time of dissolution, all the assets of the firm are transferred to Realisation Account at book values.

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