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Not yet answered Following in the Balance Sheet of A and B who share profits in the ratio of 3:2. Balance Sheet of A and

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Not yet answered Following in the Balance Sheet of A and B who share profits in the ratio of 3:2. Balance Sheet of A and B as on April 1, 2020 Marked out of 3.00 Liabilities Amount (OMR) Assets Amount (OMR) Flag question Sundry creditors 120,000 Cash in hand 13,000 Capitals 70,000 Debtors 22,000 50,000 B 20,000 15,000 Stock Furniture 20,000 Plant & Machinery 20,000 90,000 90,000 a. The value of plant and machinery is appreciated by 10% b. A provision for doubtful debts is to be created on sundry debtors at 5%. 1.Pass the journal entry to record the appreciation of plant and machinery in Revaluation account e a The value of plant and machinery is appreciated by 10% A provision for doubtful debts is to be created on sundry debtors at 5%. b. 1. Pass the journal entry to record the appreciation of plant and machinery in Revaluation account 2. Pass the journal entry to record the provision for doubtful debts in Revaluation account . 3. The balance of revaluation account will be: di FNG Ms. Amina and Ms.Bushra are partners sharing profits and losses in the ratio of 3:2. Ms.Kareema is admitted as a new partner for 1/4th share. Ms. Kareema brings RO. 60,000 as his capital and brings only 60% of his share of Goodwill in cash. The total Goodwill of the firm is RO. 80,000. How much amount of goodwill Ms. Kareema not brought to the firm? OMR 8000 OMR 12000 None of the choices OMR 15,000 A court, may order a partnership firm to be dissolved in case of a suit by a partner in the following situations except: A person admitted to the firm with the consent of all existing partners is known as Incoming partner 2:39 AM ENG

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