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  3. 12th Class
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  5. Admission of a Partner

12th Class Accountancy Admission of a Partner Question Bank MCQs - Reconstitution Of a Partnership Firm : Admission of a Partner

  • question_answer
    In the case of admission of a partner, unrecorded stock of Rs. 30,000 to be shown in the:

    A) Credit side of Partners capital account

    B) Debit side of Partners capital account

    C) Credit side of Revaluation account

    D) Debit side of Revaluation account

    Correct Answer: C

    Solution :

    Credit side of Revaluation account


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