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This is illustration 5. Why is realization expenses not considered in this sum?
Raviteja Kusumanchi
CA Final
★ 24K+
05-Nov-20 16:00
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Answers (1)
Best Answer
The firm already has 500 balance. and first instalment realised is 1000. So 500 is kept aside and distributed.
CA Suraj Lakhotia
Admin
05-Nov-20 18:26