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The balance sheet of A and …

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The balance sheet of A and B as at 31st march,2018 is given below liabilities A,'s capital 60000 B's capital 30000 general reserve 24000 creditors 16000 Assets freehold property 20000 furniture 6000 stock 12000 debtors 80000 cash 12000 A and B shares profit and losses 2:1 they agree to admit C into the firm A provision for doubtful debts is to be created at 3% on the debtors furniture is depriciated by 5% stock is to be revalued at 10500 you are required to prepare a revaluation account

Posted by Namrata Kumari 4 months, 1 week ago

Jharkhand Board > Class 12 > Accountancy

0 answers

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