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RP
Question Practice

How is the revaluation loss recorded in the financial statements?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Reconstitution of a Partnershi...
Question Bank

How is the revaluation loss re...

Single Answer MCQ
Q-00082195

How is the revaluation loss recorded in the financial statements?

1

Credited to the Revaluation Account

2

Debited to the Capital Accounts

3

Debited to the Revaluation Account

4

Credited to the Profit and Loss Account

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