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creditors verification MCQ Questions for Class 12

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Question 1/1 Hard Accountancy Reconstitution - Admission of a Partner Asset Revaluation Class 12 Level 23

प्रवेश पर पुस्तक में दर्ज ऋणदाता ₹86000 थे। सत्यापन में देयता केवल ₹79500 निकली। पुनर्मूल्यांकन खाते में क्या होगा?

On admission creditors recorded in books were ₹86000. On verification actual liability is only ₹79500. What will happen in Revaluation Account?

Explanation opens after your attempt
Correct Answer

B. ₹6500 क्रेडिटCredit ₹6500

Step 1

Concept

Creditors decrease by ₹6500. Decrease in liability is a gain and Revaluation Account is credited.

Step 2

Why this answer is correct

The correct answer is B. ₹6500 क्रेडिट / Credit ₹6500. Creditors decrease by ₹6500. Decrease in liability is a gain and Revaluation Account is credited.

Step 3

Exam Tip

ऋणदाताओं में ₹6500 की कमी हुई है। देनदारी घटने पर लाभ होता है और पुनर्मूल्यांकन खाता क्रेडिट होता है।

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