revaluation account is also known as profit and loss adjustment account ( true / false )
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Answered by
2
Answer:
true...s.smsjajajjajjajjaaijajw
Answered by
1
Answer:
true
Explanation:
Profit and Loss Adjustment Account is very much a synonym to Revaluation Account (in case of admission and retirement). ... This is to say that P&L Appropriation Account is prepared as the third account after P&L A/c and P&L Adjustment Account.
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