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Realisation account and revaluation account do not serve the same purpose.

+2 votes

asked Mar 25, 2019 in Class 12 by kratos

State which of the following statements is True or False:

Realisation account and revaluation account do not serve the same purpose.
Both realisation account and revaluation account are nominal accounts.

dissolution of partnership firm
class-12
reconstitution of partnership

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1 Answer

+6 votes

answered Dec 1, 2020 by kratos

Best answer

1.True,

True,

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