Question

At the time of reconstruction of partnership,
if closing stock is valued downwards by
* 6,000 and provision for doubtful debts is
required at 5% on debtors of 50,000 in
balance sheet, then
determine the
loss as per Revaluation Account
profit or​

Answer 1

Answer:

please write full question

Answer 2

Explanation:

closing stock 6000

b.d.r 5%

debtors =50000x 5

=2500

revolution acc Dr.....

to closing stock