Accountancy, asked by shubhamshaw73, 3 months ago

if debtors decrease what is effect on revaluation account​

Answers

Answered by negivandna
1

Debtors are treated as asset.

Asset decreases then the revaluation account shows debit balance.

So, decrease in Debtors is debited.

Thanks

Previous Question
Next Question
Similar questions
Math, 1 month ago
Find the value of p, if x-p is a factor of x² - px² + 2x + p - 1.​
English, 1 month ago
Who was Hassan? (Hassan's Attendance Problem) *​...
World Languages, 1 month ago
what is electricity?​
Geography, 3 months ago
What is the daily motion of the earth called?​
Geography, 3 months ago
Social Studies is a geography problem. The Mississippi River is about 4,000 kilometers long. An M&M is about 1 centimeter long. There are 100 centimeters in 1 meter, and 1000 meters in 1 kilometer. Estimate how many M&Ms it would take to measure the length of the Mississippi River.​
Math, 10 months ago
?÷(-18)=-6 what is the value of ???​
History, 10 months ago
write down any three reasons about why european migrated to america (no spams)​...
Science, 10 months ago
What is the chemical nature of the compound that turns blue limtus red?​