Furniture was sold at Rs. 2700 on the date of admission. You are required: 1. Revaluation A/c 2. Capital Accounts 3. Balance sheet of the new firm

Question

Observe the following table.

Furniture was sold at Rs. 2700 on the date of admission. You are required:

1. Revaluation A/c 

2. Capital Accounts 

3. Balance sheet of the new firm

Answer 1

Revaluation A/c

Capital A/c

Cash A/c

Balance Sheet