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Realisation Account

Accountancy

When the purchasing Co. Not agreeing to take then why we it is in available in Realisation account. Cash A/c they agree not to take so didn't considering in realisation account. In same way while making P.C calculation also we didn't consider both. But For Realisation account why we considered..? Please help

Saravana Perumal

CA Final

★ 3K+

09-May-23 12:04

568

Answers (11)

Also in here why we didn't take debentures to Realisation account.

Thread Starter

Saravana Perumal

CA Final

★ 3K+

09-May-23 12:08

All assets & liabilities are taken to realisation account other than cash

CA Suraj Lakhotia

Admin

09-May-23 12:37

See this

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Balachandar S

CA Inter

★ 59K+

09-May-23 12:54

Then why we didn't take debentures.?

Thread Starter

Saravana Perumal

CA Final

★ 3K+

09-May-23 13:00

Thread Starter

Saravana Perumal

Then why we didn't take debentures.?

are you asking at the time of making purchase consideration why we are not taking debentures???

Balachandar S

CA Inter

★ 59K+

09-May-23 13:09

Ok I get it

Thread Starter

Saravana Perumal

CA Final

★ 3K+

09-May-23 13:32

But in this question suddenly there is Bank overdraft appears

Thread Starter

Saravana Perumal

CA Final

★ 3K+

09-May-23 13:33

That is th only doubt Now arises

Thread Starter

Saravana Perumal

CA Final

★ 3K+

09-May-23 13:33

There is Nothing of single word in Bank overdraft but making B/S there is Bank overdraft. I had no idea why appears.?

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Thread Starter

Saravana Perumal

CA Final

★ 3K+

09-May-23 13:35

Thread Starter

Saravana Perumal

There is Nothing of single word in Bank overdraft but making B/S there is Bank overdraft. I had no idea why appears.?

Info about B limited is not available. However B has made some payments, it would result in bank od.

CA Suraj Lakhotia

Admin

09-May-23 14:26

Ok sir. thank you

Thread Starter

Saravana Perumal

CA Final

★ 3K+

09-May-23 14:40