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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 Motor Car and Machinery to be shown in Revaluation Account:

    A) Motor Car Dr. side 40,000 and Machinery Cr. Side 18,000

    B) Motor Car Dr. side 18,000 and Machinery Cr. Side 40,000

    C) Motor Car Dr. side 24,000 and Machinery Cr. Side 30,000

    D) Motor Car Dr. side 30,000 and Machinery Cr. Side 24,000

    Correct Answer: B

    Solution :

    Motor Car Dr. side 18,000 and Machinery Cr. Side 40,000


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