Revaluation reserve a/c
This query is : Resolved
03 August 2011
Respected Sir,
please tell me what is what is REvaluation Reserve a/c
Please help me
\
please tell me what is what is REvaluation Reserve a/c
Please help me
\
03 August 2011
The increase in value of fixed assets because of revaluation of fixed assets is credited to ‘Revaluation Reserve’, and is not available for distribution as dividend. Revaluation Reserve is treated as a Capital Reserve.
03 August 2011
Thanks you very much sir for your favorable reply, can you explain me with example.
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