Question

13. Vani and Sandhya are partners sharing profits and losses in the proportion of
3/5 and 2 5. Their Balance Sheet as on 31.03.2018 W
Balance Sheet as on 31.03.2018
Lalities
Creu
5. Den
PM
Vani
Sandra
00.000 Future
30.00
192.50
On 01.04.2015. Chaya is admitted into partnership on the following terms
a) She should bring? 40.000 as capital for 1 4 share and goochell of the firm
is valued at 225.000
b) Depreciate furniture by 10%
c Appreciate buildings by 20%
d) PDD is increased by ? 3.000.
e) An amount of 2.000 due to a creditor is not likely to be claimed and hence
to be written off.
Prepare: i) Revaluation Account.
ii) Partners Capital Accounts &
iii) New Balance Sheet of the firm. format​

Answer 1

Answer: how big question this is

Explanation: