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What is Asset Revaluation? and when it is required?
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Answer Posted / koteswararao
When the company wants to expend the business, then the
company take a plan against every thing in his business, so
that some times the company replaced some assets for new
business, then the company followed method of inadequacy, so
the company take revaluation of old assets and sale its. and
another depreciation method(lapse of time) vied also the
company revaluation of assets.
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