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The value of stock in balance …

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The value of stock in balance sheet : ₹2,000 Adjustment : 1). The value of stock is overvalued 20%. Please how can we adjust this on Revaluation A/C.

    • Posted by Ravi Nayak 7 years ago

    CBSE > Class 12 > Accountancy
    • 3 answers

    Saina Sezel 7 years ago

    Ok then plz write the full ques. bcz i make various ques. Of these types

    0Thank You

    Ravi Nayak 7 years ago

    No it is not a correct answer

    0Thank You

    Saina Sezel 7 years ago

    Revaluation A/c....Dr 334 To stock A/c 334 i.e., 2000 × 20 ÷ 120 = 334 (approx)

    2Thank You

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