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Revaluation A/c is also known as ______ account. - Book Keeping and Accountancy

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Question

Revaluation A/c is also known as ______ account.

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Solution

Revaluation A/c is also known as Profit and Loss Adjustment account.

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Chapter 4: Reconstitution of Partnership (Retirement of Partner) - Exercise 4.1 (Objective Questions) [Page 183]

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Balbharati Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
Chapter 4 Reconstitution of Partnership (Retirement of Partner)
Exercise 4.1 (Objective Questions) | Q (D) 3. | Page 183
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