Accountancy, asked by sxavier1210, 5 hours ago

K and S share profits and losses in the ratio of 5: 3. On joints on 1st April 1992. The following revaluations were made : Increase the value of building by Rs. 10,000 (ü) Raise goodwill for Rs. 16,000 oldbar lot (iii) Reduce the value of debtors by Rs. 2,000 Give journal entries and revaluation account.

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Answered by kaditya4511

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please make brilliant answers

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