This discussion on A firm has an unrecorded investment of Rs. 5,000. Entry in the firm’s journal on admission of a partners will:a)Revaluation A/c Dr. 5,000To Unrecorded Investment A/c 5,000b)Unrecorded Investment A/c Dr. 5,000To Revaluation A/c 5,000c)Partner’s capital A/c Dr. 5,000To Unrecorded Investment 5,000d)None of theseCorrect answer is option 'B'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and
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A firm has an unrecorded investment of Rs. 5,000. Entry in the firm’s journal on admission of a partners will:a)Revaluation A/c Dr. 5,000To Unrecorded Investment A/c 5,000b)Unrecorded Investment A/c Dr. 5,000To Revaluation A/c 5,000c)Partner’s capital A/c Dr. 5,000To Unrecorded Investment 5,000d)None of theseCorrect answer is option 'B'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved
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