Why do the assets need to be revalued in these cases? The business has not been sold.

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Frank Woods Business Accounting Volume 1

ISBN: 9781292084664

13th Edition

Authors: Alan Sangster, Frank Wood

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Question Posted: Mar 28, 2024 04:05 AM

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Why do the assets need to be revalued in these cases? The business has not been sold.

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When partners join or partners leave a partnership there is in effect a new partnership You learnt i...View the full answer

Frank Woods Business Accounting Volume 1

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