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ACCOUNTING

JAMB 2009 - Question 42

Account 2009 JAMB Past Questions - Question 42: In partnersip account, conversion of non-cash assets into cash is referred to as

Choose the most appropriate option for the gap .

In partnersip account, conversion of non-cash assets into cash is referred to as

A: realization

B: disposal

C: dissolution

D: revaluation

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ACCOUNTING

Account 2009 JAMB Past Questions - Question 42: In partnersip account, conversion of non-cash assets into cash is referred to as

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Correct Answer

Explanation