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  3. 12th Class
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  5. Admission of a Partner

12th Class Accountancy Admission of a Partner Question Bank Case Baesd - Reconstitution Of a Partnership Firm : Admission of a Partner

  • question_answer
    Value of Furniture and Machinery shown in the Revaluation A/c?

    A) Furniture Credited and Machinery Debited by Rs.2,16,000 and 1,60,000 respectively

    B) Furniture Debited and Machinery Credited by Rs.36,000 and 40,000 respectively

    C) Furniture Credited and Machinery Debited by Rs.36,000 and 40,000 respectively

    D) Furniture Credited and Machinery Debited by Rs.36,000 and 1,60,000 respectively

    Correct Answer: C

    Solution :

    Furniture Credited and Machinery Debited by Rs.36,000 and 40,000 respectively


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