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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?

    • Posted by Pranav Bhatnagar 5 years, 4 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Deepesh Negi 5 years, 4 months ago

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

    0Thank You

    Mayank Garg 5 years, 4 months ago

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

    0Thank You

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