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deepak

deepak (Querist)
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05 June 2009 treatment of revaluation reserve, & use of it

Radheyshyam Falod

Radheyshyam Falod (Expert)
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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

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