what is the treatment of advertisement suspense in revaluation and partners capital a/c?

Dear Student,

Advertisement suspense A/c forms a part of accumulated losses & thus requires to be debited to partners' capital Accounts in old ratio. That means in case of Admission
/retirement/death of a partner it would be debited in capital accounts of old partners in old ratio i.e. the new incoming partner will not borne this loss but the outgoing partner will.

​There would be no separate treatment in revaluation Account.

Regards,

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It Will Be Treated In Partners Capital Account As Expense And Hence Debited To partners
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