Question

someone hlp me with 24th sum plssss. dont spam.... and dont give wrong answrrs pllls​

Answer 1

                                                 Journal

Particulars                   Debit(Rs).        Credit(Rs).

Vehicle A/c                 20000

To revaluation A/C                      

(Being unrecorded                           20000

vehicle recorded)

--------------------------------------

Revaluation A/c             20000                      

To A's Capital A/c                           6666

To B's Capital A/c                           6667

To C's Capital A/c                          6667

--------------------------------------

B's Capital A/c        46667

To vehicle A/c                                 20000

To cash A/c                                     26667

(Being the entry

for making payments

to B retiring partner,

in full and final

payment)

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