Clear selection
7 point
7.1f at the time of
adimission, there is some
unrecorded liability, it will
be :
O Debited to Revaluation Account
Credited to Revaluation
Account
Ο Ο Ο Ο
O Debited to Goodwill Account
Credited to partners' Capital
Accounts
Answers
Answered by
1
Answer:
debited to revaluation account.....
Explanation:
reduction in asset nd increase in value of liabilities are debited in revaluation account
increase in value if assets nd decrease in the value of liabilities are credited
unrecorded liabilities are debited and unrecorded assets are credited...
HOPE THIS IS HELPFUL
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