Question

OTS
0.6.4 and Bare partners sharing profits in the ratio of 2:3. Their Balance Sheet
shows Machinery at 2,00.000: Stock at 80.000 and Debtors at 1.60,000.
C is admitted and new profit sharing ratio is agreed at 6:9:5. Machinery is
revalued at 1.40,000 and a provision is made for doubtful debts @5% A's
share in loss on revaluation amount to 20,000. Revalued value of Stock will
be:
(A) 62.000
(B) 1.00,000
(C) 60.000
at 98.000
please answer with explanatio

please answer me with explanation​

Answer 1

Answer:

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