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RP
Question Practice

The final transfer of the revaluation account balance goes to which of the following?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Reconstitution of a Partnershi...
Question Bank

The final transfer of the reva...

Single Answer MCQ
Q-00082199

The final transfer of the revaluation account balance goes to which of the following?

1

New partner's Capital Account

2

Profit and Loss Account

3

Existing partners' Capital Accounts

4

Revaluation Reserve

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