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 On firm’s dissolution, what entry will be made on realisation of goodwill which was shown in Balance Sheet? September 27, 2022 Classify the following activities as (i) Operating, (ii) Investing or (iii) Financing in case of a ‘Financial Enterprise’: (a) Proceeds from Sale of Investments; (b) Interest received on Debentures held as Investment October 4, 2022 From the following Balance Sheet of Combi last Ltd. for the year ended 31st March, 2019 and additional information, calculate Cash Flow from Investing Activities: August 18, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
On firm’s dissolution, what entry will be made on realisation of goodwill which was shown in Balance Sheet? September 27, 2022
Classify the following activities as (i) Operating, (ii) Investing or (iii) Financing in case of a ‘Financial Enterprise’: (a) Proceeds from Sale of Investments; (b) Interest received on Debentures held as Investment October 4, 2022
From the following Balance Sheet of Combi last Ltd. for the year ended 31st March, 2019 and additional information, calculate Cash Flow from Investing Activities: August 18, 2022