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What is asset revaluation reserve and how is it treated in
the books of accounts
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Answer Posted / pushpender jangid
when intangible assets are increase in company then
company are deceded to revaluaed its assets and increase
or decrease in assets are treated revaluation reserve and
after company transfered to profit and loss account year
wise when company gain profit.
| Is This Answer Correct ? | 1 Yes | 5 No |
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