Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Realisation account vs revaluation account

Answer Posted / sai swaroop reddy

Revaluation a/c is prepared at the time of dissolution of partnership and the partners decide to revalue the assets as per the agreed value. However Realisation a/c is also prepared at the time of dissolution of partnership but only when the books of accounts are closed.

Is This Answer Correct ?    11 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the difference between reserve and provision.

2216


What Is Depreciation, and from which date do we charge Depreciation for an asset ?

2040


hai everybody... wish u all the best for those who got selected in sbi associate bank is anyone from coimbatore region attending on 27th may 2009.

2097


How to raise my credit score if I have 500 credit score?

1953


hi.this krishan .i m slect in axis bank for executive. when i sposse to join

2363


What is the difference between Deffered Tax Assets & Deffered Tax Liabilities

2168


i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....

1829


what is the difference between planned and non planned budgt

1948


What type of question generally asked in Brokerage Firm ?

2747


What is pre-paid amount? What is post-paid amount? Explain received in advance? Explain paid in advance?

2228


Expand---------NPTO

1987


What is Financial planning?

2004


What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.

2204


Expand---------PDCB

1916


I have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?

2007