Financial statements

Accountancy

Sir, I have doubt about revaluation reserve in 9 th problem. why shouldn't we consider revaluation reserve from balance sheet extract Video Details ------------- P1 - Advanced Accounting - Without AS Preparation of Financial Statements #29. Illustration 9: RTP Nov 2019

Himaja Gudimalla

CA Inter

★ 5K+

13-Aug-25 10:48

150

Answers (1)

Effective capital means the aggregate of the paid-up share capital (excluding share application money or advances against shares); amount, if any, for the time being standing to the credit of share premium account; reserves and surplus (excluding revaluation reserve)

CA Suraj Lakhotia

Admin

22-Aug-25 16:30