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  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
    How would you show unrecorded liability towards suppliers of Rs. 4,000?

    A) Dr. Revaluation A/c and Assets side of Balance Sheet

    B) Cr. Revaluation A/c and Assets side of Balance Sheet

    C) Dr. Revaluation A/c and Liabilities side of Balance Sheet

    D) Cr. Revaluation A/c and Assets side of Balance Sheet

    Correct Answer: C

    Solution :

    Dr. Revaluation A/c and Liabilities side of Balance Sheet


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