Realisation account vs revaluation account
Answer Posted / asuquo sarah1
revaluation is the process of bringing into records the
actual,true or current market value of the assets and
liability,while realisation is on the other hand is the
process whereby partnership is automatically dissolved or
brought to an end by the happenings of any event which makes
it unlawful to carry on as a bussiness
| Is This Answer Correct ? | 3 Yes | 2 No |
Post New Answer View All Answers
We have two mandatory qualifiers nature of accounts and balancing segment, which will balance the debit and credit and recognize the nature of accounts, my question is what other qualifiers do. Like management. Thank you.
what is Exposure ?
what is Calculation of Gross Profit Or Gross Loss?
what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly.
I need all WNS interview questions
Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?
how to work on CMA form in manufacturing compay as well as how to analysis working capital ?
what is mean by provision ? give me examples ..
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .
I am Lavanya i have been selected in HR round in HP INVENT and i have Operation round as next round may i know what will they ask here and after this what is the next round?????
2Create a program that accepts a number and output its equivalent in words (maximum input number is 3000). for example Enter a number: 1380 one thousand three hundred eighty
Is advance paid wages has credit balance?
can anybody send me interview question&answer to me in accounts and finance and income tax....my mail.id...jagathis1986@gmail.com
difference between vat 47 & vat 49