12.
Record the following in the Revaluation a/c. of a firm at the time of admission of
a partner.
(a) The value of furniture increased by * 5,000.
(b) Unrecorded investment * 3,000.
(c) Provide * 1,000 for doubtful debt.
(d) Stock reduced to * 24,000 (Book value : * 30,000)
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Answer:
(b) unrecor investment*3,000
Explanation:
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