1.

If prepaid expenses or income not received are not recorded in the books then at the time of revaluation where it can be shown ?(A) Debited to Revaluation A/c(B) Debited to Partners’ Capital A/c(C) Credited to Revaluation A/c(D) Credited to Partners’ Capital A/c

Answer»

Correct option is (C) Credited to Revaluation A/c



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