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At the time of admission of a partner, what will be the effect of the following information?Balance in Workmen Compensation Reserve 40,000. Claim for workmen compensation 45,000.a)45,000 Debited to Partner ’s Capital Accounts.b)40,000 Debited to Revaluation Account.c)5,000 Debited to Revaluation Account.d)5,000 Credited to Revaluation Account.Correct answer is option 'C'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about At the time of admission of a partner, what will be the effect of the following information?Balance in Workmen Compensation Reserve 40,000. Claim for workmen compensation 45,000.a)45,000 Debited to Partner ’s Capital Accounts.b)40,000 Debited to Revaluation Account.c)5,000 Debited to Revaluation Account.d)5,000 Credited to Revaluation Account.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for At the time of admission of a partner, what will be the effect of the following information?Balance in Workmen Compensation Reserve 40,000. Claim for workmen compensation 45,000.a)45,000 Debited to Partner ’s Capital Accounts.b)40,000 Debited to Revaluation Account.c)5,000 Debited to Revaluation Account.d)5,000 Credited to Revaluation Account.Correct answer is option 'C'. Can you explain this answer?.

Solutions for At the time of admission of a partner, what will be the effect of the following information?Balance in Workmen Compensation Reserve 40,000. Claim for workmen compensation 45,000.a)45,000 Debited to Partner ’s Capital Accounts.b)40,000 Debited to Revaluation Account.c)5,000 Debited to Revaluation Account.d)5,000 Credited to Revaluation Account.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 12. Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.

Here you can find the meaning of At the time of admission of a partner, what will be the effect of the following information?Balance in Workmen Compensation Reserve 40,000. Claim for workmen compensation 45,000.a)45,000 Debited to Partner ’s Capital Accounts.b)40,000 Debited to Revaluation Account.c)5,000 Debited to Revaluation Account.d)5,000 Credited to Revaluation Account.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of At the time of admission of a partner, what will be the effect of the following information?Balance in Workmen Compensation Reserve 40,000. Claim for workmen compensation 45,000.a)45,000 Debited to Partner ’s Capital Accounts.b)40,000 Debited to Revaluation Account.c)5,000 Debited to Revaluation Account.d)5,000 Credited to Revaluation Account.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for At the time of admission of a partner, what will be the effect of the following information?Balance in Workmen Compensation Reserve 40,000. Claim for workmen compensation 45,000.a)45,000 Debited to Partner ’s Capital Accounts.b)40,000 Debited to Revaluation Account.c)5,000 Debited to Revaluation Account.d)5,000 Credited to Revaluation Account.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of At the time of admission of a partner, what will be the effect of the following information?Balance in Workmen Compensation Reserve 40,000. Claim for workmen compensation 45,000.a)45,000 Debited to Partner ’s Capital Accounts.b)40,000 Debited to Revaluation Account.c)5,000 Debited to Revaluation Account.d)5,000 Credited to Revaluation Account.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice At the time of admission of a partner, what will be the effect of the following information?Balance in Workmen Compensation Reserve 40,000. Claim for workmen compensation 45,000.a)45,000 Debited to Partner ’s Capital Accounts.b)40,000 Debited to Revaluation Account.c)5,000 Debited to Revaluation Account.d)5,000 Credited to Revaluation Account.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Class 12 tests.