I having Certain doubts.
1.In case of amalgamation of partnership firm Shall we prepare revaluation a/c instead of preparing realisation a/c and calculating the purchase consideration (Based on PMqu.no 1).
2.operating lease under page no 2.53 and 2.54 .
how to find lease rent adjustment amount(LRA)
next 2,3 year journal entry(to know LRA and P&L)
lease rent adjustment A/c
Kindly response to these queries
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