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P1 C7 DISSOLUTION OF PARTNERSHIP — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP1 C7 DISSOLUTION OF PARTNERSHIP1 Mark
Question
How would you deal with bad debts return, which is written off earlier?
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Answer

At the time of dissolution, bad debts return which is written off earlier would be recorded on credit side of Realisation Account.

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