6. Arun and Vijay are partners …

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6. Arun and Vijay are partners in ratio of 5:1. firm sharing profits and losses in the
Balance Sheet (Extract)
Assets
Machinery
Liabilities
₹
₹
40, 000
If the value of machinery reflected in the balance sheet is overvalued by 33 1 3 \% Sheet: find out the value of Machinery to be shown in the new Balance
(A) ₹ 44,000
(B) 48,000
(C) € 32,000
(D) €30,000
Posted by Mahek Lalwani 4 years ago
- 0 answers
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