Question

define revaluation account...?? ​

Answer 1

Answer:

In political science, a revolution (Latin: revolutio, "a turn around") is a fundamental and relatively sudden change in political power and political organization which occurs when the population revolts against the government, typically due to perceived oppression (political, social, economic) or political ...

Answer 2

Answer:

Revaluation account is a nominal account.

With the help of this account we can adjust profit or loss...

Thus it is called Profit or loss Adjustment Account...

Through this we can record the re-valued figure of assets and liabilities...

Hope this helps...

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