Business Studies, asked by tarunbachu5800, 5 months ago

what is verification and valuation of assets in a company​

Answers

Answered by diksharathore021
1

Answer:

Verification proves the existence, ownership and title of assets. Valuation certifies the correct value of asset. Vouching is done after original entry in the books of accounts. Verification and valuation are done at the end of the financial year.

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