Accountancy, asked by beantkaurluthra8764, 1 year ago

Stock of 8500 was given to creditors of 10000 in full settlement of their claim. How will it be shown in revaluation account

Answers

Answered by swatantra0807

0

Rupeys 10000 on credit side of revaluation account by the name of creditors,

and Rupes 8500 on debit side of revaluation account by the name of bank ( creditors paid).

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