What is the nature of ‘Revaluation Account’? Post category:Accountancy Reading time:1 mins read SOLUTION Revaluation Account is a nominal account in nature. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhen there is change in profit sharing ratio amongst existing partners, should the assets and liabilities be revalued? Next PostWhy are “Reserves & Surplus” distributed at the time of reconstitution of the firm? You Might Also Like Distinguish between ‘Fixed Capital Account’ and ‘Fluctuating Capital Account’ on the Basis of Credit Balance. (Al 2017, COSE 2019) October 7, 2022 What is meant by Financing Activities? October 4, 2022 Vijay Laxmi Ltd. invited applications for 10,000; 12% Debentures of Rs. 100 each at a premium of Rs. 70 per debenture. The full amount was payable on application. Applications were received for 13,500 debentures. Applications for 3,500 debentures were rejected and application money was refunded. Debentures were allotted to the remaining applications. July 16, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Distinguish between ‘Fixed Capital Account’ and ‘Fluctuating Capital Account’ on the Basis of Credit Balance. (Al 2017, COSE 2019) October 7, 2022
Vijay Laxmi Ltd. invited applications for 10,000; 12% Debentures of Rs. 100 each at a premium of Rs. 70 per debenture. The full amount was payable on application. Applications were received for 13,500 debentures. Applications for 3,500 debentures were rejected and application money was refunded. Debentures were allotted to the remaining applications. July 16, 2022
