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Retirement of Partner

Sir this is the journal entry of Page 8.91 Illustration 3 I want to know how is the fixtures account is being calculated

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Sam World

Sam World

CA Foundation

12K+

17-Sep-20

40

Answers (5)

Pls share the question as well.


Suraj Lakhotia

Suraj Lakhotia

Admin

17-Sep-20

Here is the question

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Thread Starter

Sam World

Sam World

CA Foundation

12K+

17-Sep-20

Thread Starter

Sam World

Here is the question

Revised Fixture value - existing fixture value.


Suraj Lakhotia

Suraj Lakhotia

Admin

17-Sep-20

Suraj Lakhotia Admin

Revised Fixture value - existing fixture value.

Sir could you please show it on a paper for better understanding


Thread Starter

Sam World

Sam World

CA Foundation

12K+

18-Sep-20

Create a revaluation account. And solve the problem. Book value - 8,200 Agreed value - 10.980 Increase by 2,780 Dr Fixture 2780 Cr Revaluation Account.


Suraj Lakhotia

Suraj Lakhotia

Admin

19-Sep-20

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