Accountancy, asked by himankarora26, 3 months ago

Fixed Assets(Book Value Rs. 45,000) is undervalued by 10%. Calculate the value (Dr./Cr.)

to be shown in Revaluation account.

Answers

Answered by arushisingh2002

10

Answer:

4500 is the amount of depreciation

depreciated value of asset=40500

Explanation:

10% of 45000 = 4500

45000-4500= 40500

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