Accountancy, asked by abiddar, 7 months ago

30. (Revaluation A/e) On Z's admission, the following revaluation took place,
(a) Machinery was found undervalued by 5.000.
(6) Furniture was found over valued by 8.000.
(c) Provident fund liability is raised by 6.000
(d) Stock 78.000 is appreciated by 10%.
Prepare Revaluation Account.

Answers

Answered by kavita12345y

0

Loss on revaluation by 1200 distribute in old partners in old ratio

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