Any decrease in the value of the liabilities will be _____ to the revaluation account

None of the above

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Either A or B

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Credited

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Debited

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Solution

The correct option is C
Credited

Any decrease in the value of the liabilities will be credited to the revaluation account

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Any decrease in the value of the liabilities will be _____ to the revaluation account

The correct option is C Credited Any decrease in the value of the liabilities will be credited to the revaluation account

The correct option is C
Credited

Any decrease in the value of the liabilities will be credited to the revaluation account