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Match the following items: (i) Revaluation Account (ii) Decrease in Provision for Doubtful Debts (iii) Goodwill Account (iv) Increase in Liabilities (a) Loss (b) Nominal Account (c) Gain

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Question

Match the following items:

(i) Revaluation Account (a) Loss
(ii) Decrease in Provision for Doubtful Debts (b) Nominal Account
(iii) Goodwill Account (c) Gain
(iv) Increase in Liabilities (d) Real Account
Match the Columns
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Solution

(i) Revaluation Account (b) Nominal Account
(ii) Decrease in Provision for Doubtful Debts (c) Gain
(iii) Goodwill Account (d) Real Account
(iv) Increase in Liabilities (a) Loss
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Chapter 3: Admission of a Partner - OBJECTIVE TYPE QUESTIONS [Page 3.188]

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D. K. Goel Accountancy Part A Volume 1 and 2 [English] Class 12
Chapter 3 Admission of a Partner
OBJECTIVE TYPE QUESTIONS | Q (D) 12. | Page 3.188
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