Question

If question say pass journal entry without opening revaluation account then in new balance sheet asset and liability will be shown at their old value. Only capital will change ??

Answer 1

Answer:

question say pass journal entry without opening revaluation account then in new balance sheet asset and liability will be shown at their old value. Only capital will changequestion say pass journal entry without opening revaluation account then in new balance sheet asset and liability will be shown at their old value. Only capital will change.