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Increase and decrease in the value of assets and liabilities are recorded through ( a ) Profit & Loss Account. ( b ) Profit &
Increase and decrease in the value of assets and liabilities are recorded through a Profit & Loss Account. b Profit & Loss Appropriation Account. c Partners' Capital Accounts. d Revaluation Account.
Increase and decrease in the value of assets and liabilities are recorded through
a Profit & Loss Account.
b Profit & Loss Appropriation Account.
c Partners' Capital Accounts.
d Revaluation Account.
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