Question
Accountancy Question on Capitalism
Which of the following items will be recorded in Revaluation A/c.
(A) Capital brought in by New partner
(B) Plant is to depreciated by 20%
(C) 60,000 brought in by new Partner for Goodwill
(D) Stock overvalued by 5,000
(E) Unrecorded creditors to the extent of ₹1,500
Choose the correct answer from the options given below:
A
(A), (C) and (E) Only
B
(B), (D) and (A) Only
C
(B), (C) and (D) Only
D
(B), (D) and (E) Only
Answer
(B), (D) and (E) Only
Explanation
Solution
The correct option is (D) :(B), (D) and (E) Only