Accountancy, asked by simmi828592, 2 months ago

revaluation account is also known as profit and loss adjustment account ( true / false )​

Answers

Answered by ram5399
2

Answer:

true...s.smsjajajjajjajjaaijajw

Answered by aarusharma094
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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