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 Are there any legal restrictions, similar to shares, for issue of debentures at a discount? September 29, 2022 In the absence of partnership deed, what is the ratio in which the profits of a firm are divided among the partners? September 23, 2022 X and Y are partners sharing profits equally. Their Balance Sheet as on 31st March, 2019 is given below : August 2, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Are there any legal restrictions, similar to shares, for issue of debentures at a discount? September 29, 2022
In the absence of partnership deed, what is the ratio in which the profits of a firm are divided among the partners? September 23, 2022
X and Y are partners sharing profits equally. Their Balance Sheet as on 31st March, 2019 is given below : August 2, 2022
