Accountancy, asked by christensonmurmu, 3 months ago

difference between if Realization account and Re-evaluation account?

Answers

Answered by prachiDhurwey

0

Answer:

Revaluation account is an account prepared to ascertain the variation in the values of the assets and liabilities of the firm. Realisation account is an account prepared to ascertain the net profit or loss on the sale of assets or discharge of liabilities. ... It can be prepared only once, i.e. when the firm is dissolved.

Explanation:

i hope it's help you

Previous Question

Next Question

Similar questions

Math, 1 month ago

Plz give a fully solved answer for this question..

English, 1 month ago

Write a letter in 3 paragraphs to your friend describing your experience about online classes . Mention the difference that you feel between online classes and physical classes mention what you are missing . Ask your friends experience also... Please answer it fast whose answer is correct I give it brainlieast answer...

Math, 1 month ago

how much interest is earned on$124 at 4% for one year...

English, 3 months ago

Oxford Junior English Gram 10. book, apple, nurse, jug, wood 11. apple, mango, orange, rice, banana (B) 12. music, bunch, army, crowd, mob 13. class, crowd, team, player, family 14. police, soldier, army, commander ( SA) 17. death (60), fear (5), mob (115), good 18. physics, chemistry, subject, friendship 14 ote: इसका 3. We 15. bottle, cup, boy, wine (FRTC) 16. day, month, year, Sunday, ball ha...

Math, 3 months ago

What is the total cost of painting a box of length 25 dm, breadth 20 cm and height 15 cm on the outside at the rate of ₹ 1.25 2...

Math, 9 months ago

fill this sudoku please ...

History, 9 months ago

how does the Lok Sabha control a government...

Math, 9 months ago

plz answer this fast!!