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

  • question_answer
    Debtors to be shown in the Balance Sheet:

    A) 55,000 -– 5,000 = 50,000

    B) 55,000 –- 5,000 + 4,200 = 54,200

    C) 55,000 + 4,200 = 59,200

    D) 55,000 -– 8,400 = 46,600  

    Correct Answer: A

    Solution :

    55,000 –- 5,000 = 50,000


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