CUET UGAccountingMCQ
Q5. At the time of admission of a partner following was the extract of Balance Sheet Investment ₹2,00,000 Investment Fluctuation reserve ₹40,000 (market value ₹6,00,000) What entry will be passed? (a) Investment Fluctuation Reserve A/c Dr. ₹2,00,000 To Partner's Capital A/c (Old Ratio) ₹1,60,000 To Investment A/c ₹40,000 (b) Investment Fluctuation Reserve A/c Dr. ₹2,00,000 To Partner's Capital A/c (New Ratio) ₹1,60,000 To Investment A/c ₹40,000 (c) Investment Fluctuation Reserve A/c Dr ₹2,00,000 To Partner's Capital A/c (Old Ratio) ₹2,00,000 (d) Investment Fluctuation Reserve A/c Dr. ₹2,00,000 To Partner's Capital A/c (New Ratio) ₹2,000

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