There was an Unrecorded asset of ₹ 12,000 which was taken over by a partner at ₹ 10,500. Partner’s Capital Account will be debited by…….
A. ₹ 12,000
B. ₹ 10,500
C. ₹ 1,500
D. ₹ 32,500
Answer:B
There was an Unrecorded asset of ₹ 12,000 which was taken over by a partner at ₹ 10,500. Partner’s Capital Account will be debited by…….
A. ₹ 12,000 B. ₹ 10,500 C. ₹ 1,500 D. ₹ 32,500