its urgent
This query is : Resolved
09 June 2009
Journal entry
Asset A/c Dr
to Revaluation Reserve A/c
To be shown under reserves and surplu
The proportionate increase in depreciation on the asset due to revalution be set off against it
Asset A/c Dr
to Revaluation Reserve A/c
To be shown under reserves and surplu
The proportionate increase in depreciation on the asset due to revalution be set off against it
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