The entry for settling liabilities is- Options: A . &nbsp Bank/ Cash A/c Dr. To Realisation A/c B . &nbsp Realisation A/c Dr. To Bank/ Cash A/c C . &nbsp Liabilities A/c Dr. To Realisation A/c D . &nbsp Realisation A/c Dr. To Liabilities A/c

The entry for settling liabilities is-

Question -

The entry for settling liabilities is-

Options:

A . Bank/ Cash A/c Dr. To Realisation A/c

B . Realisation A/c Dr. To Bank/ Cash A/c

C . Liabilities A/c Dr. To Realisation A/c

D . Realisation A/c Dr. To Liabilities A/c

Answer: Option B
:
B

The entry for settling liabilities is-

Realisation A/c Dr.

To Bank/ Cash A/c

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