Question

Sumit and Vivek are partners in a firm sharing profits and losses in the ratio of 5:1.
If value of machinery in the balance sheet is undervalued by 20%, then at what value will machinery be shown in the New balance sheet.
(a) 44,000
(b) 48,000
(c) 32,000
(d) 50,000​

Answer 1

Answer:

the answer is

50,000

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