1 Realisation Settlement questions from CUET Accountancy 2025 13 May Shift 2 with detailed answers and explanations. Free previous year questions and MCQs.
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Realisation Settlement โ CUET Accountancy 2025 13 May Shift 2(1โ1 of 1)
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Q1mediummcqAccountancyCUET Accountancy 2025 13 May Shift 22026
At the time of a firm's dissolution, a machine costing Rs.ย 20,000 along with cash of Rs.ย 5,000 were given to creditors of Rs.ย 30,000 in full settlement of their claim. In this case, the Realisation Account will be debited with what amount for this settlement transaction?