Experts can u tell me the answer 0f this question If at the time of admission, there is some - Accountancy - Reconstitution- Admission of a Partner

Question

Experts can u tell me the answer 0f this
question
If at the time of admission, there is some unrecorded asset, it
will be:
a Debited to Revaluation A/c
b Credited to Revaluation A/c
c Transferred to Old Partners’ Capital A/c
d Transferred to All Partners’ Capital A/c

Komal Rani · Accepted Answer

Dear Student
If at the time of admission, there is some unrecorded asset, it
will be:
b Credited to Revaluation A/c

In the entry Asset Account will be Debited and Revaluation Account
will be credited

Regards

Experts can u tell me the answer 0f this question If at the time of admission, there is some unrecorded asset, it will be: a. Debited to Revaluation A/c b. Credited to Revaluation A/c c. Transferred to Old Partners’ Capital A/c d. Transferred to All Partners’ Capital A/c

Experts can u tell me the answer 0f this question
If at the time of admission, there is some unrecorded asset, it will be:
a. Debited to Revaluation A/c
b. Credited to Revaluation A/c
c. Transferred to Old Partners’ Capital A/c
d. Transferred to All Partners’ Capital A/c