All the increases or decreases in the value of assets and liabilities are then recorded into which account?

Revaluation Account

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Profit and Loss Account

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Bank Account

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Cash Account

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Solution

The correct option is A
Revaluation Account

All the increases or decreases in the value of assets and liabilities are recorded into Revaluation Account

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All the increases or decreases in the value of assets and liabilities are then recorded into which account?

The correct option is A Revaluation Account All the increases or decreases in the value of assets and liabilities are recorded into Revaluation Account

The correct option is A
Revaluation Account

All the increases or decreases in the value of assets and liabilities are recorded into Revaluation Account