How are expenses 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 disposing of assets and settling liabilities. When the expense is paid, the Bank or Cash Account is credited. Therefore, the credit side is incorrect. Exam tip: In the Realisation Account, assets transferred and expenses are generally recorded on the debit side, while proceeds from assets and liabilities transferred are recorded on the credit side.