Question

For Goodwill: Dr. Sakshi's Capital cand a hores Canto Ant
For General Reserve: Dr. Sakshi's Capital A/c and C Bhoye's Capital ACD
Revaluation of Assets and Reassessment of Liabilities
21. X, Y and Z share profits as 5:3:2. They decide to share their future profits as
1st April, 2019. On this date the following revaluations have taken place
Book Values
Investments
22.000
Plant and Machinery
25.000
Land and Building
40.000
Outstanding Expenses
5.600
Sundry Debtors
60.000
Trade Creditors
70.000
Pass necessary adjustment entry to be made because of the above changes in the values of
liabilities. However, old values will continue in the books.​

Answer 1

Answer:

plese make me brainly list

Explanation:

sorry for that