Revaluation of Assets and Reassessment of Liabilities - Class 12 - Chapter 4 (part 3) by Amit sir
Автор: SP Standard Education
Загружено: 2020-07-29
Просмотров: 83
In this video we will able to understand that what is Revaluation of Assets and Reassessment of Liabilities? Why we do Revaluation of Assets and Reassessment of Liabilities? When we will do Revaluation of Assets and Reassessment of Liabilities? How to do Revaluation of Assets and Reassessment of Liabilities? What are the journal entries for Revaluation of Assets and Reassessment of Liabilities? which entry should be passed for Revaluation of Assets and Liabilities. How to create Revaluation account. How to maintain Revaluation account. What should be recorded in Revaluation account. When we make Revaluation account. when assets are debited in revaluation account. when assets are credited in Revaluation account. When Liabilities are debited in Revaluation account and when Liabilities are credited in Revaluation account. Where profit on revaluation is transferred. Where loss on revaluation is transferred.
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