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Match the following items: (i) Salary outstanding is recorded on (a) Debit Side Revaluation A/c (ii) Creditors of ₹ 12,000 were not likely to be claimed (b) Credit Side Revaluation A/c

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Question

Match the following items:

(i) Salary outstanding is recorded on (a) Debit Side Revaluation A/c
(ii) Creditors of ₹ 12,000 were not likely to be claimed (b) Credit Side Revaluation A/c
    (c) Debit Partners Capital A/cs
    (d) Credit Partners Capital A/cs
Match the Columns
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Solution

(i) Salary outstanding is recorded on (a) Debit Side Revaluation A/c
(ii) Creditors of ₹ 12,000 were not likely to be claimed (b) Credit Side Revaluation A/c
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Chapter 4: Retirement or Death of a Partner - OBJECTIVE TYPE QUESTIONS [Page 4.160]

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D. K. Goel Accountancy Part A Volume 1 and 2 [English] Class 12
Chapter 4 Retirement or Death of a Partner
OBJECTIVE TYPE QUESTIONS | Q (D) 11. | Page 4.160
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