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Is the lang and building was …

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Is the lang and building was undervalued by 26000 and the L&B in b/sheet was rs.300000 what treatment i will do?
  • 2 answers

Deepesh Negi 7 years ago

Undervalue so will take dr.side on revaluation A/c because it is nominal A/c

Mayank Garg 7 years ago

First show on credit side of revaluation account and then make it correct in new balance sheet 326000 l&b
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