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Here why inventory is 30000 and not 20000 .Don't we have to deduct the revalued value 30000 from B/S value i.e, 50000? -Partnership and LLP Accounts ILLU 4

Image attached to the doubt: Here why inventory is 30000 and not 20000 .Don't we have to deduct the…

Asked by Rashwini30 Jul 2024422 views

3 answers

  1. Rashwini · 30 Jul 2024

    And why in ILLU 2 they had added revalued inventory

  2. DEV · 30 Jul 2024

    So it will be shown at 30000

  3. DEV · 30 Jul 2024

    No we don't have to deduct it from 50000 since they already have given revalued inventory you can see in adjustment

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