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Board Question Paper : March 2019 — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountBoard Question Paper : March 20191 Mark
Question
When revaluation A/c is debited ?
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Answer

Revaluation A/c is debited by the decrease in the value of assets and increase in the amount of liabilities.

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