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Adjustments in Partner's Capital Accounts

In case of re...

Question

In case of revaluation loss, it should be borne by

A

Goodwill

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B

Investment

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C

Fixed Assets

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D

stock

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Solution

The correct option is A
Goodwill

In case of revaluation loss, it should be borne by existing partners

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Adjustments in Partner's Capital Accounts

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