Question

on the revaluation increase in the value of liabilities leads to a) gain b) loss c) expense d) none of these​

Answer 1

Answer:

ans- (option (b)) loss

Explanation:

hope it helps u

Answer 2

Answer:

On revaluation, the increase in the value of assets leads to …. (a) Gain (b) Loss (c) Expense (d) None of these

(answer). (b) loss