what is revaluation of assets and liabilities?
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Answer / philip
changing the price of the book price of asset or liabilities
to the market price is revaluation
| Is This Answer Correct ? | 23 Yes | 3 No |
Answer / d&
a revaluation of fixed assets is a technique that may be
required to accurately describe the true value of the
capital goods a business owns.The purpose of a revaluation
is to bring into the books the fair market value of fixed
assets. This may be helpful in order to decide whether to
invest in another business. If a company wants to sell one
of its assets, it is revalued in preparation for sales
negotiations.
| Is This Answer Correct ? | 10 Yes | 3 No |
Revaluation of sasets is nothing but revalue the particular
asset . The difference between the purchase time and paymet
time. the difference amount will be transfer to realized
gain or loss A/c
Revaluation of Liabilities is nothing but revalue the
pariticular liability.
| Is This Answer Correct ? | 11 Yes | 9 No |
Answer / samanth
two company's are amlgametion&abrsobation in year assets revaluation asset price two type book price market price they consider to the market price of assets value is taken total assets,liabilites are revaluation
EX:TECH-MAHENDRA,SATHYAM COMPANY IN 2010 ABRSORBATION THE
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