No products in the cart.

Why revalution account is prepared ?

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Why revalution account is prepared ?
  • 2 answers

Yogita Ingle 6 years, 11 months ago

Revaluation a/c is prepared to find out the true value of assets and liabilities.So whenever there a adjustments regarding regarding increase or decrease of assets and liabilities revaluation a/c has to be prepared.

Sakib Arslan 6 years, 11 months ago

Because we have to find out profit or loss or revalu vo assets
https://examin8.com Test

Related Questions

U and V Were Partners in a firm
  • 0 answers
Accounting for partnership Firms Fundamentals notes
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App