example.transection on Increase one asset and decrease on liability
sujiritha95:
is the question is correct because as per accounting equation , if increase in one asset will decrease in liability . it will have equal effect . so check once question is correct or not
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if our assets increase then i will appear in cr if decrease in liability then it will appear in cr side of revaluation
cannt understand ur answer . pls elaborate
both are in revaluation ac
cannt understand
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