Accountancy, asked by skawaljeetr, 8 months ago

If there is some undistributed amount in the Balance Sheet on the reconstitution of the firm and the firm decided not to alter the value of the same item in the Balance Sheet , Gaining Partner’s Capital A/C will be ……….(Dr./Cr.) and Sacrificing Partner’s Capital A/C will be …..( Dr./Cr.)
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Answers

Answered by jatishjindal
1

Answer:

Gaining partners account will be debited and sacrificing partners account will be credited.

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