The order to be followed in preparation of a realization account is:(A) Realization of the assets.(B) Transfer assets and liabilities to realization account.(C) Ascertainment of profit or loss on realization.(D) Payment of liabilities.Choose the correct answer from the options given below:

The chronological accounting workflow for a Realisation Account is:First, transfer all book asset and third-party liability records to close them out $\to$ (B).Liquidate assets and record cash proceeds $\to$ (A).Discharge external debt obligations and outstanding liabilities $\to$ (D).Balance the account to compute the net profit or loss statement $\to$ (C).The correct sequence is (B), (A), (D), (C).