Interested to Buy Any Domain ? << Click Here >> for more details...
Realisation account vs revaluation account
- 17 Answers
- 96302 Views
- Andhra Bank, I also Faced
- E-Mail Answers
Answer Posted / nikreet
Revaluation account and Realisation account both are nominal
account.
the purpose of revaluation account is taking the effect of
fluctuations in asset & liabilities in their books while
purpose of realisation account is to closing the books of
accounts of a comapany or a firm.
Revaluation a/c is made when any fluctuation in value of an
asset takes place.
realisation a/c is made at the time of liquidation of a
company or a firm.
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
what is dieerence between capital cpapital structure
You configured new assets accounting for your company code with three depreciation areas that post in real time. When posting an external acquisition. How many documents are created?( any 1 answer) 2 3 4 6
what is mean by provision ? give me examples ..
How to answer for the question, tell me about ur project? I mean in which format can i say?
what is the difference between speculation & investment?
DEfine SAP
capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)
what are Equity shares,Preference shares,Bonus shares,Bond,Debentures,Dividend?
What is the procedure to become charted accountant in India now. Please answer this is urgent
EXPAND___________LNG
what is the use of special general ledger if the normal trasaction in usage.
an amount deducted from the catalog price for an item of merchandise is called?
Data flow of Accounts payable to General ledger?
how to entery pass in tally when items damage(items insured)and claim to insurance co.
Expand-------ATBN
