Financial and Management Accounting

1: Which of the following provisions held for various assets should be transferred to the realisation account upon dissolution of the firm? 1. Provision for Discounts 2. Provision for Depreciation 3. Joint Life Policy Reserve 4. Contingency Reserve 5. Investment Fluctuation Fund Select the correct answer using the codes given below

A.	1 and 2
B.	1,2 and 3
C.	1,2,3 and 4
D.	1,2,3,4 and 5
	Answer : D Explanation : Write your comments here: Updating your Comments.. Updating your Comments.. Report Error
	Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.

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Financial and Management Accounting

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