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Write the Word/Term/Phrase which can substitute of the following statement: Credit balance of Profit and Loss Adjustment Account. - Book Keeping and Accountancy

Write the Word/Term/Phrase which can substitute of the following statement:

Credit balance of Profit and Loss Adjustment Account.

One Word/Term Answer

Credit balance of Profit and Loss Adjustment Account. - Profit on revaluation Accounts.

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Chapter 4: Reconstitution of Partnership (Retirement of Partner) - Exercise 4.1 (Objective Questions) [Page 182]

Chapter 4 Reconstitution of Partnership (Retirement of Partner)
Exercise 4.1 (Objective Questions) | Q (B) 1. | Page 182

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