Practicing Success
In case of admission of a partner, what will be the entry for unrecorded investments? |
Debit Partners Capital A/cs and Credit Investments A/c Debit Revaluation A/c and Credit Investment A/c Debit Investment A/c and Credit Revaluation A/c None of the above |
Debit Investment A/c and Credit Revaluation A/c |
Investment A/c Dr |