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Revaluation reserve RR /capital reserve CR

Accountancy

Revaluation of any fixed asset credited to RR or CR


Kamal Kumar

Kamal Kumar

CA Inter

7K+

30-Nov-22 16:29

138

Answers (4)

Revaluation reserve


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

30-Nov-22 16:41

Sir, but why not credit CR


Thread Starter

Kamal Kumar

Kamal Kumar

CA Inter

7K+

30-Nov-22 19:53

Thread Starter

Kamal Kumar

Sir, but why not credit CR

Refer to treatment of capital reserve.


Sugam SM

Sugam SM

CA Final

9K+

30-Nov-22 21:16

Capital reserve is created out of profits.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

03-Dec-22 13:47

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