Can anyone tell me why Joint life policy credited in revaluation acc..when amt received then entry will be Bank Dr. To joint life policy a/c So why this is treated in revaluation a/c ?? Please help

Zoyaaa · 8 Jul 2024

It should be credited in partner's capital a/c instead of revaluation a/c

Soni · 5 Jul 2024

9274670081 I send you on whatsapp

Soni · 5 Jul 2024

There are three types

Soni · 5 Jul 2024

It's a concept

Zoyaaa · 5 Jul 2024

Like expense method??

Gurukiran · 5 Jul 2024

Bcz. It's the amount upon which every partner has the right