Interested to Buy Any Domain ? << Click Here >> for more details...
Realisation account vs revaluation account
- 17 Answers
- 95193 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
Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful
Dear All, Could any body send me the format of Delivery Challan? What is Even Transfer and Branch Transfer?Please let me know if any body knows? ekathirvel@gmail.com
Expand SCERT
what is differred tax liability? explain in detail with some example.
where is suspense entry is entered in tally erp9
Expand---------MRDT
How to raise my credit score if I have 500 credit score?
how many types of financial teribuanal? what is that?
in accounts welding institute which category will come for example 1. recruitment con.pvt ltd. is man power recruit category ,so iwant to welding institute (learning welding and fibrication)
what is the procedure for issuing th C form
Expand-------ATBN
explain the difference between LIFO and FIFO?
what is cost accountinp
define fixed assets
define holding company,public company, if the compnay be a public company what will the criteria? asked on 30/7/09
