Accountancy, asked by 9406395867paramjeet2, 9 months ago

what journal entries are required in the books of old firms at the time of their amalgamation​

Answers

Answered by lk162381
0

Explanation:

Journal Entries in the Books of Old Firms (Closing Entries) : i) For Revaluation of Assets and Liabilities : Assets and Liabilities of the old firms may be revalued at the time of amalgamation.

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