Accountancy, asked by emokazmi25, 5 months ago

A company has an asset which originally cost Rs. 175,000, revalued upwards to Rs. 225,000 two years ago. The value has now fallen to Rs. 155,000. How you will treat the revaluation surplus as double entry in accounting Book?

Answers

Answered by arjun6355m
6

Answer:

20000 is decrease in to assets colum and losses are debited...

comlete entry..

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