2. Questions Bank
  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
    Excess of Workmen Compensation Claim over the Workmen Compensation Reserve is shown in the:

    A) Credit side of the Revaluation Account

    B) Debit side of partners capital Account

    C) Credit side of partners capital Account

    D) Debit side of Revaluation Account

    Correct Answer: D

    Solution :

    Debit side of Revaluation Account


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