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Realisation account vs revaluation account
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Answer Posted / p.muthuvel, s/o a.palanisamy,
realisation is opened when the
company is fully dissolved, that time realisation will
calculate.whereas revaluation means modify the value when
the partnership ratio will change, it may be admission of
new partner or retirement of existing partner or death of
partner.........
| Is This Answer Correct ? | 73 Yes | 18 No |
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