Treatment of bad debts in revaluation a/c.

If in a question, at the time of revaluation, bad debts are given in adjustments of rs.2500 and there is no provision for such debts then what will be done?

asked Dec 27, 2015 in Partnership-Admission by siddhartha gupta (20 points) 8,403 views

1 Answer

+1 vote
Best answer
It should be debited in revaluation account.
answered Dec 27, 2015 by Tapesh Roy (37 points)
selected Dec 27, 2015 by jbsclasses