CUET Accountancy - In the case of a re-constitution of a partnership firm, if the value of decrease in investment exceeds the Investment Fluctuation Fund, the :- | PYQs + Solutions

CUET Accountancy 2025 3 June Shift 1

Partnership

Medium

common

Excess amount of loss will be debited to Revaluation Account.

Excess amount of loss will be credited to Revaluation Account.

Excess amount of gain will be debited to Revaluation Account.

Excess amount of gain will be credited to Revaluation Account.

✅ Correct Option: 1

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CUET Accountancy 2025 3 June Shift 1 PYQs

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