Sundry Creditors in the balance sheet are Rs. 58,000. Creditors were unrecorded to the extent of Rs. 1,000. Creditors to be shown in Balance sheet aft - Accountancy MCQ CUET Accountancy 2022 20 July Shift 1 2026 | ExamTest.live

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Sundry Creditors in the balance sheet are Rs. 58,000. Creditors were unrecorded to the extent of Rs. 1,000. Creditors to be shown in Balance sheet after admission of partner will be:

Solution & Step-by-step Explanation

The existing creditors are Rs. 58,000.Unrecorded creditors to be added = Rs. 1,000.Total creditors in the new Balance Sheet = 58, 000 + 1, 000 = Rs. 59, 000 .

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Sundry Creditors in the balance sheet are Rs. 58,000. Creditors were unrecorded to the extent of Rs. 1,000. Creditors to be shown in Balance sheet after admission of partner will be:

Rs. 60,000

Rs. 59,000

Rs. 58,000

Rs. 62,000

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