At the time of dissolution, if all assets are realised at their book values and all liabilities are settled at their book values, with no realisation expenses, what will be the result in the Realisation Account?

Correct answer: न लाभ, न हानि (Neither profit nor loss)

When assets are realised exactly at their book values and liabilities are settled at their book values, the debit and credit effects in the Realisation Account are equal. Therefore, the account shows neither a profit nor a loss. Exam tip: realisation at book value, settlement at book value, and no realisation expenses result in a zero outcome.