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AS-10

Accountancy

Why revaluation reserve is created?

Sugam SM

CA Final

★ 9K+

16-Jul-22 14:05

358

Answers (3)

Gain on revaluation is not recognised in PL but credited to revaluation reserve

CA Suraj Lakhotia

Admin

16-Jul-22 14:16

So that it is not used to pay dividend.

CA Suraj Lakhotia

Admin

18-Jul-22 14:25

Yeah sir now I got to know regarding free reserves. They can't be declared as dividends...

Thread Starter

Sugam SM

CA Final

★ 9K+

19-Jul-22 19:54

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