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P1 C4 RECUSTRUCTION OF PARTNERSHIP — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP1 C4 RECUSTRUCTION OF PARTNERSHIP1 Mark
Question
At which value assets-liabilities are shows in the balance sheet after revaluation?
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Answer

Assets and liabilities are shown at their corrected new/revalued values in the balance sheet after its revaluation.

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