what is revaluation of assets and liabilities?
- 4 Answers
- 11230 Views
- Wipro, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
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
| Is This Answer Correct ? | 0 Yes | 0 No |
sale tax which place effected
what are the customization u have done in sap mm
Expand ------PASA
what is sox ?
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
what is operational risk and market risk in basel 2 norms.
0 Answers State Bank Of India SBI,
What is Quick Book ?
Whether the medical bills( both Hospitalization and out- patient)submitted and reimbursed to the service provider has not taken initially as value for the purpose of Service Tax, now demanding retrospectively i.e. from 2009-10 on wards(as Demanded by Service Tax Department). Whether Reimbursement is Service Tax chargeable?. Further, Vehicles were provided to them by the service recipient and the Fuel bills were directly paid to the Petrol bunk by the Service recipient. Is that also Service Tax chargeable?
in first puc accountancy book by B.S.Raman there is a lots f definitions for everything so how should i have to study
What is deffered revenue expenditure
What is the P/E ratio?and Explain About P/E Ration?
What is SOX
Audit 
