IndigoLearn

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

10K+

17-Sep-20 15:37

13

Answers (5)

Pls share the question as well.


Suraj Lakhotia

Suraj Lakhotia

Admin

17-Sep-20 15:59

Here is the question

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Sam World

Sam World

CA Foundation

10K+

17-Sep-20 16:00

Here is the question

Revised Fixture value - existing fixture value.


Suraj Lakhotia

Suraj Lakhotia

Admin

17-Sep-20 16:01

Revised Fixture value - existing fixture value.

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


Sam World

Sam World

CA Foundation

10K+

18-Sep-20 18:49

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 08:49