Furniture Rs 45000 Creditors Rs 8000 Furniture was overvalued by 20% and creditors were undervalued by 10%. How to calculate overvaluation and undervaluation of assets and liabilities ? Share with your friends Share 0 Maria Sybil answered this Over valuation of furniture=45000*100/120 Over valuation of creditors=8000*100/110 0 View Full Answer
