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Revaluation reserve RR /capital reserve CR

Accountancy

Revaluation of any fixed asset credited to RR or CR

Kamal Kumar

CA Inter

★ 7K+

30-Nov-22 16:29

156

Answers (4)

Revaluation reserve

CA Suraj Lakhotia

Admin

30-Nov-22 16:41

Sir, but why not credit CR

Thread Starter

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

CA Inter

★ 9K+

30-Nov-22 21:16

Capital reserve is created out of profits.

CA Suraj Lakhotia

Admin

03-Dec-22 13:47

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