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Unrecorded Assets will be ____________ in Revaluation Account. -

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Question

Unrecorded Assets will be ____________ in Revaluation Account.

Options

  • debited

  • credited

  • not shown

  • shown

MCQ
Fill in the Blanks

Solution

Unrecorded Assets will be credited in Revaluation Account.

shaalaa.com
Accounting for Revaluation of Assets and Reassessment of Liabilities
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