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TULSIAN group had Property, Plant & Equipment with a book value of Rs 25,00,000 on 31st March 2022. Last year the property
was revalued upwards by Rs 1,00,000 and increase of that asset was recognized in the Revaluation Surplus Account. Fair Value as a
result of Revaluation done on 31st March 2022 was Rs 21,00,000. Pass the necessary Journal entry.[ 1 Mark]
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TULSIAN group had Property, Plant & Equipment with a book value of Rs ...
, and Equipment (PP&E) worth INR 500 crore as of the end of the financial year.
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TULSIAN group had Property, Plant & Equipment with a book value of Rs 25,00,000 on 31st March 2022. Last year the propertywas revalued upwards by Rs 1,00,000 and increase of that asset was recognized in the Revaluation Surplus Account. Fair Value as aresult of Revaluation done on 31st March 2022 was Rs 21,00,000. Pass the necessary Journal entry.[ 1 Mark]?
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TULSIAN group had Property, Plant & Equipment with a book value of Rs 25,00,000 on 31st March 2022. Last year the propertywas revalued upwards by Rs 1,00,000 and increase of that asset was recognized in the Revaluation Surplus Account. Fair Value as aresult of Revaluation done on 31st March 2022 was Rs 21,00,000. Pass the necessary Journal entry.[ 1 Mark]? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about TULSIAN group had Property, Plant & Equipment with a book value of Rs 25,00,000 on 31st March 2022. Last year the propertywas revalued upwards by Rs 1,00,000 and increase of that asset was recognized in the Revaluation Surplus Account. Fair Value as aresult of Revaluation done on 31st March 2022 was Rs 21,00,000. Pass the necessary Journal entry.[ 1 Mark]? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for TULSIAN group had Property, Plant & Equipment with a book value of Rs 25,00,000 on 31st March 2022. Last year the propertywas revalued upwards by Rs 1,00,000 and increase of that asset was recognized in the Revaluation Surplus Account. Fair Value as aresult of Revaluation done on 31st March 2022 was Rs 21,00,000. Pass the necessary Journal entry.[ 1 Mark]?.
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