Correct option is B
On dissolution of a firm, bank overdraft is transferred to the Realisation Account, where all assets and liabilities are consolidated for the settlement process.
On dissolution of a firm, bank overdraft is transferred to the Realisation Account, where all assets and liabilities are consolidated for the settlement process.
Calculate Trade Receivables Turnover Ratio.
What is the mode of dissolution of the firm followed by G, K and B ?