Business Studies, asked by Ahana4362, 10 months ago

What's difference between revalution and profit and loss adjustment account


Answers

Answered by mehakgupta98
1

Answer:

record omitted items and rectify errors if any- After the preparation of Profit and Loss Account and Balance Sheet, if any error or omission is noticed, then these errors or omissions are adjusted by opening Profit and Loss Adjustment Account in the subsequent accounting period without altering old Profit and Loss ..

Answered by samriddhi2868
0

Answer:

Tarzan the Ape or monkey of

Explanation:

dessert Desert

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