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प्रश्न
Write the term / word / phrase which can substitute the following statement :
Debit balance of revaluation account.
एक शब्द/वाक्यांश उत्तर
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उत्तर
Loss on revaluation
Explanation: Debit balance of Revaluation Account represents "Loss on revaluation." Such loss is transferred to All Partners’ Capital Accounts in their old profit-sharing ratio (including the retiring partner).
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