Accountancy, asked by anjnavladva112, 1 month ago

What will be the accounting treatment of revaluation of assets and reassessment of liabilities for the following in revaluation account.(A) Book value of Machinery ₹1,00,000, now valued ₹1,20,000.(B) Book value of ₹2,000 no need to be paid.

Answers

Answered by ishrathtaj0101

0

Answer:

The correct answer is (B)

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