Which of the following items will be recorded in Revaluation A/c. (A) Capital brought in by New partner (B) Plant is to depreciated by $ 20\% $ (C) $60,000$ brought in by new Partner for Goodwill (D) Stock overvalued by $ 5,000 $ (E) Unrecorded creditors to the extent of $₹ 1,500 $ Choose the correct answer from the options given below:

Question

Which of the following items will be recorded in Revaluation A/c. (A) Capital brought in by New partner  (B) Plant is to depreciated by  $ 20\% $ (C)  $60,000$  brought in by new Partner for Goodwill  (D) Stock overvalued by  $ 5,000 $ (E) Unrecorded creditors to the extent of  $₹ 1,500 $ Choose the correct answer from the options given below:

cdquestions Admin · Accepted Answer

(B), (D) and (E) Only

List I		List II
A.	Operating Activities	I.	Depreciation
B.	Investing Activities	II.	Cash Paid to Supplier
C.	Financing Activities	III.	Sale of Land
D.	Non Cash item	IV.	Increase in Share Capital

The Correct Option is D

Solution and Explanation

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