The cash realized from the sale of asset on dissolution of partnership is
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- A Debited to cash account and credit to asset account
- B Credited to cash account and debited to asset account
- C Debited to cash account and credited realisation account and credited to realisation account
- D Credited to cash account and debited to realisation account
- E Debited to realisation account abnd credited to asset account
Correct Answer: Option C
Explanation:
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