At the time of dissolution, which items are generally recorded on the credit side of the Realisation Account?

Correct answer: संपत्तियों की बिक्री से प्राप्त राशि और हस्तांतरित देनदारियां

The credit side of the Realisation Account records proceeds from the sale of assets and liabilities transferred to the account. In contrast, realisation expenses and payments made to settle liabilities are recorded on the debit side. Partners’ capital and final payments to partners are not normal credit items of this account. Exam tip: remember that assets transferred are debited, while proceeds from their realisation are credited.