Accountancy, asked by icheelkhoirom, 9 months ago

Revaluation account
Q. The machinery is 5,30,000
adjustment :machinery is revalued at 5,00,000.

Answers

Answered by mahima4876

1

Answer:

To machinery 30,000

Explanation:

because the value of machinery is decreased by 30,000.

so, if their is any loss in assets it will come in Dr side of revaluation a/c.

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