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  3. 12th Class
  4. Accountancy
  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
    Calculate the amount of Provision for doubtful debts to be transferred to Revaluation Account?

    A) Debited to Revaluation A/c by Rs.400

    B) Credited to Revaluation A/c by Rs.200

    C) Debited to Revaluation A/c by Rs.200

    D) Debited to Revaluation A/c by Rs.3,800

    Correct Answer: B

    Solution :

    Credited to Revaluation A/c by Rs.200


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