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If in the question it is given that pass necessary journal entry, preapare revaluation account ,capital account and balance sheet ; then should we pass journal entries of revaluation also?

Posted by A Platform 6 years, 3 months ago

CBSE > Class 12 > Accountancy

3 answers

Piyush Patel 6 years, 3 months ago

So you have solve first questions than pass journal entry

Purva Bhardwaj 6 years, 3 months ago

You should just pass the entry of distribution of revaluation profit/loss.....i am not really sure about it but if we have to prepare the accounts too journal entries won't carry that much marks.

Ravi Joshi 6 years, 3 months ago

Yes

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