2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Admission of a Partner

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

  • question_answer
    Balance sheet prepared after the new partnership agreement, assets and liabilities are recorded at:

    A) Original value     

    B) revalued figure

    C) realisable value   

    D) current cost

    Correct Answer: B

    Solution :

    [b] revalued figure


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