Pass entries in the firm's Journal for the following on admission of a partner: (i) Unrecorded...
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Pass entries in the firm's Journal for the following on admission of a partner: (i) Unrecorded Investment worth Rs.20,000. (ii) Unrecorded liability towards suppliers for Rs.5,000. (iii) An item of Rs.1, 600 included in Sundry Creditors is not likely to be claimed and hence should be written back. Pass entries in the firm's Journal for the following on admission of a partner: (i) Unrecorded Investment worth Rs.20,000. (ii) Unrecorded liability towards suppliers for Rs.5,000. (iii) An item of Rs.1, 600 included in Sundry Creditors is not likely to be claimed and hence should be written back.
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1 Investment ac 20000 To Revaluation ac 20000 Being unrecorded ... View the full answer
Related Book For
OM operations management
ISBN: 978-1285451374
5th edition
Authors: David Alan Collier, James R. Evans
Posted Date:
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