Question

balance sheet of A and B
liability asset
A cap 400000 cash 500000

B cap 400000 build 500000
G R 1000000 pnl 90000
epf 50000 Bcurr 60000
ifr 30000
cr 1000000
A curr 70000

adjustment
goodwill 120000
build revalued 540000
unrecorded cr 1200
revaluation expense 1000
adjust caps in the new ratio through cash

A B
1 : 3 old ratio
1 : 4 new ratio​

Answer 1

Answer:

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