Question

(ii). There was a claim for workmen’s compensation to the extent of `6,000.

(iii). Investments were brought down to `15000.

(iv). Provision for bad debts was reduced by `1000.

(v). Madhur was paid `10,300 in cash and the balance was transferred to his loan account

payable in two equal installments together with interest @12% p.a.

Prepare revaluation A/c. Parther’s capital A/c and B/s of Newly constituted firm.
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Answer 1

Answer:

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