Name the asset that is not transferred to the debit side of Realisation Account, but brings certain amount of cash against its disposal at the time of dissolution of the firm. Post category:Accountancy Reading time:1 mins read SOLUTION Unrecorded Asset. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostFixed Assets appear in the Balance Sheet of a firm at Rs. 52,000. They realised at a loss of 4% on net collection. State the amount collected from such assets. Next PostState any two grounds on the basis of which court may order for the dissolution of partnership firm. (C.B.S.E. 2019, Kerala) You Might Also Like In the absence of any provision in the partnership deed, at what rate is a working partner entitled for remuneration? September 26, 2022 State one transaction which results in an increase in ‘Liquid Ratio’ and no change in ‘Current Ratio’. October 3, 2022 Suresh, Ramesh, Mahesh and Ganesh were partners in a firm sharing profits in the ratio of 2 : 2 : 3 : 3. On 1st April, 2016, their Balance Sheet was as follows: July 28, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.