Question

One fantastic question under linear expansivity due to thermal Expansion.

Answer 1

Answer:

profits of the firm. Goodwill is to be retained in the business.

b) The assets are to be valued as under:

Plant and Machinery at *. 45,000

Stock at *. 16,000

Debtors at book figure less Provision of 5%

It was found that the creditors included a sum of 7.1,500 which was not to be

paid. But it was also found that there was a liability for compensation to

Give journal entries to record the above and prepare the Balance Sheet of the

c)

worker amounting to *. 1,900.

firm after Vijay's admission

Lasson Revaluation 200

Answer 2

Answer:

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