Answer / philip

changing the price of the book price of asset or liabilities
to the market price is revaluation

Answer / d&

a revaluation of fixed assets is a technique that may be
required to accurately describe the true value of the
capital goods a business owns.The purpose of a revaluation
is to bring into the books the fair market value of fixed
assets. This may be helpful in order to decide whether to
invest in another business. If a company wants to sell one
of its assets, it is revalued in preparation for sales
negotiations.

Answer / koteswara rao

Revaluation of sasets is nothing but revalue the particular
asset . The difference between the purchase time and paymet
time. the difference amount will be transfer to realized
gain or loss A/c

Revaluation of Liabilities is nothing but revalue the
pariticular liability.

Answer / samanth

two company's are amlgametion&abrsobation in year assets revaluation asset price two type book price market price they consider to the market price of assets value is taken total assets,liabilites are revaluation

EX:TECH-MAHENDRA,SATHYAM COMPANY IN 2010 ABRSORBATION THE

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