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Question 9 Not yet answered Marked out of 1 . 0 0 Flag question Question text A & B decided to liquidate AB LLP .

Question 9 Not yet answered Marked out of 1.00 Flag question Question text A & B decided to liquidate AB LLP. The non-cash assets of AB LLP at cost 480,000. The non-cash assets were sold for 500000.the result is a. Gain on realization 40000 b. Gain on realization 20000 c. Loss on realization 20000 d. Loss on realization 40000

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