Which of the following would affect the Revaluation Account at the time of admission of a partner? Option 1: (A), (B) and (C) only Option 2: (A), (B) and (D) only Option 3: (A), (C) and (D) only Option 4: (B), (C) and (D) only

The answer is '(A), (C) and (D) only'. View full solution:

CUET Accountancy - Which of the following would affect the Revaluation Account at the time of admission of a partner? | PYQs + Solutions

CUET Accountancy

Partnership

Easy

(A), (B) and (C) only

(A), (B) and (D) only

(A), (C) and (D) only

(B), (C) and (D) only

✅ Correct Option: 3

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Match List-I with List-II

List-I	List-II
(Types of goodwill)	(Treatment to done.)
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(B) Goodwill premium	(II) inferred from the capital arrangement.
(C) Goodwill paid privately.	(III) Written off.
(D) Hidden goodwill	(IV) credited to sacrificing partner.

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CUET Accountancy PYQs

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