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Two difference between revaluation acct and …

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Two difference between revaluation acct and realisation

Posted by Suman Mandal 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Nish Arora 8 years, 1 month ago

Revalution account is prepared at the time of admission, retirement, death, change in psr and realisation account is prepared at the time of dissolution of the firm Revalution Account is prepared to revalue the assets and liablites whereas realisation account is prepared to pay off the liablites and realise the assets

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