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

hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units

0 Answers  

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Hi., I have cleared my test on monday, i have operation round on thursday.. So, Can anyone send me all the related interview Questions??..Please help me out.. Email ID: raghuraj_18@yahoo.com Phone :9739867486

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what is the advantages of double entry system

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fill in the Blanks A gift below __________from other than relatives will be exempted from income

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expand C B E C

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PLEASE EXPLAIN DEBIT NOTE & CREDIT NOTE?WITH THE FOLLOWING QUESTION? 1)IF X LTD.SOLD MATERIAL @ RS.112500/-WITH INCLUSIVE VAT @ 12.5% TO HIS SUPPLIER(CREDITOR),BUT AFTERWORD THEY FOUND THAT THE MATERIAL COMES UNDER 5% VAT RATE CATEGORY.SO HOW THEY ADJUST THEIR LOSS RS.7500/- IN THEIR BOOKS? 2)IF X LTD.SOLD MATERIAL @ RS.112500/-WITH INCLUSIVE VAT @ 12.5% TO HIS CUSTOMER(DEBTOR),BUT AFTERWORD THEY FOUND THAT THE MATERIAL COMES UNDER 5% VAT RATE CATEGORY.SO HOW THEY ADJUST THEIR LOSS RS.7500/- IN THEIR BOOKS?

1 Answers   URC Construction,

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Earning made by a business organisation outside the main operations are called----------------

2 Answers  

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business sepsarate entity concepts

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Provision of Bad Debts is made in compliance with the convention of -----------

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what is the Meaning W.D.V in balance sheet.

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