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At the time of admission of a partner, if an unrecorded liability is recognized, it is to Account.

At the time of admission of a partner, if an unrecorded liability is recognized, it is ______ to ______ Account.

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At the time of admission of a partner, if an unrecorded liability is recognized, it is debited to Revaluation Account.

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Chapter 3: Admission of a Partner - OBJECTIVE TYPE QUESTIONS [Page 3.185]

Chapter 3 Admission of a Partner
OBJECTIVE TYPE QUESTIONS | Q (C) 4. | Page 3.185

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At the time of admission of a partner, if an unrecorded liability is recognized, it is ______ to ______ Account.