When the purchasing company does not take over a particular liability and the vendor company pays that liability, it will debit it to (A) Realisation Account (B) Bank Account (C) Liability Account (D)None of the above

When the purchasing company does not take over a particular liability and the vendor  company pays that liability, it will debit it to
(A) Realisation Account  
(B) Bank Account  
(C) Liability Account  
(D)None of the above
by

1 Answer

Answer :

(A) Realisation Account
by

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