Which of the following are correct regarding Realization Accounts?
I.A realization account is an account that is used to record the proceeds of the sale of assets during the liquidation of a partnership.
II.It’s a kind of permanent account.
III.It is used to distribute the cash proceeds of the sale of partnership assets to the partners in accordance with their respective profit and loss sharing ratios.
it’s a kind of temporary account.
Which state bagged the highest number of medals during the Khelo India Youth Games 2022?
What was the venue of Men’s Hockey Asia Cup 2022 in which India defeated Japan to win a bronze medal?
What theme was decided to celebrate the second ‘International Day of Yoga’ in India?
Who was felicitated with the 54th Jnanpith Award for his “outstanding contribution to the enrichment of Indian Literature in English?
Which chemical law proposes that 'soft drinks and soda bottles are sealed under high pressure to increase the solubility of CO2'?
In a food chain, secondary producers are ______.
Pradhan Mantri Swasthya Suraksha Yojana (PMSSY) was launched in the year______.
Which of the following writs is issued to prevent a person from holding public office from doing any work to which he is not entitled?
The construction of the Kolkata-Bangkok Highway marks a significant milestone in the efforts to enhance connectivity and strengthen trade relations bet...
The protection of interests of minorities under the Constitution of India lies under ______.