Revaluation account is operated to find out gain or loss at the time of:

Related MCQs

• The loss or gain an account of revaluation at the time of retirement of a partner is shared by:
• An account operated to ascertain the loss or gain at the death of a partner is called:
• In the revaluation account a decrease in the value of plant and machinery:
• In the revaluation account an increase in the value of land and building:
• Profit and loss account is a
• In profit and loss account, if credit is more than the debit, the difference is
• Under debtors system which account is prepared by head office to calculate profit or loss of each branch:
• Branch Trading &Profit & Loss A/c is only a _________ account not forming part of the full accounting system.
• In final account system, Branch Trading and Profit & Loss A/c is prepared at ________
• The interest charged on the hire purchase should appear in the profit and loss account in what manner?