At the time of dissolution, on which side of the Realisation Account are the realisation expenses borne by the firm recorded?

Correct answer: डेबिट पक्ष (Debit side)

Realisation expenses borne by the firm are debited to the Realisation Account because they are costs incurred in the process of winding up the firm. The credit side generally records the transfer and realisation of assets, so the credit side is incorrect. Exam tip: remember that expenses and the transfer of assets are recorded on the debit side of the Realisation Account; however, treatment may differ when a partner personally undertakes to bear the expenses.