The balance of Revaluation Reserve pertaining to an asset that has been disposed off or retired can be transferred to?

Accounting Mcqs

The balance of Revaluation Reserve pertaining to an asset that has been disposed off or retired can be transferred to?

(A)  General Reserve A/c

(B)  Profit & Loss A/c

(C)  Asset A/c

(D)  Capital Reserve A/c



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