Give the accounting entry for unrecorded assets in case of reconstitution of a partnership firm. (C.B.S.E. 2019, Delhi) Post category:Accountancy Reading time:1 mins read SOLUTION Sundry Assets Dr. To Revaluation A/c(Unrecorded assets recorded) Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhy are “Reserves & Surplus” distributed at the time of reconstitution of the firm? Next PostGive the accounting entry for an unrecorded liability in case of reconstitution of partnership firm. You Might Also Like P, Q and R are partners sharing profits in the ratio of 5: 4: 3. Q retires and P and R decide to share future profits equally. What will be the Gaining Ratio? September 27, 2022 If Operating Cycle is 12 months and payment is received in 15 months, how will you classify the asset? September 30, 2022 What is Operating Profit? How is it calculated? October 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
P, Q and R are partners sharing profits in the ratio of 5: 4: 3. Q retires and P and R decide to share future profits equally. What will be the Gaining Ratio? September 27, 2022
If Operating Cycle is 12 months and payment is received in 15 months, how will you classify the asset? September 30, 2022
