Question

What is difference between revaluation account and realization account?

Answer 1

hey mate

plz mark it

The difference between the actual value and realised amount is the profit or loss on realisation. Revaluation account means it records the current value of all the assets and liabilities present in the balance sheet of a company or organisation means it's value increased or decreased in present market.

plz mark it brainliest plzzzzzzzz