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Where the decrease in value of assets at the time of reconstruction of
Accountancy
Reconstruction of Partnership
Question
Updated
19 Aug 2026
Where the decrease in value of assets at the time of reconstruction of partnership firm recorded ?
A
Choose Your Answer
A
Debited to Revaluation A/c
B
Debited to Profit and Loss A/c
C
Credited to Revaluation A/c
D
Debited to Partner’s Capital/Current A/c
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