أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
a) Revaluation Account
b) Capital Account
c) Realisation Account
d) None of these
correct answer is (A)
Because old partner will only get profit or loss through all business activities were done before coming of new partner. If there is any increase or decrease in these unrecorded assets and liabilities through revaluation account, it will be distributed between old partners.
