Question

Property of book value Rs. 54,000 sold at Rs. 60,000. The difference of Rs. 6,000 should be ______________. *

1 point

a. Debited to Capital Reduction Account

b. Credited to Capital Reduction Account

c. Debited to Capital Reserve Account

d. Credited to Capital Reserve Account​

Answer 1

Answer:

option b

Explanation:

obviously there would be increase not decrease and the 6000 would go to your bank account not to the bank

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Answer 2

Answer:

opction a

Explanation:

total 540000

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