In order to maintain fair dealings, at the time of admission it is necessary to revalue assets and liabilities of the firm to their………
A. Cost price
B. True value
C. Selling price
D. None of these
Answer:B
In order to maintain fair dealings, at the time of admission it is necessary to revalue assets and liabilities of the firm to their………
A. Cost price B. True value C. Selling price D. None of these