personal investment of A be treated as firms investment rs4300. why it shouldnt be accounted in reval a/c.
THOUGH BY JOURNALISING I CAN MAKE OUT THERES NO REVAL A/C BUT FROM A THEORETICAL POINT I AM NOT ABLE TO MAKE OUT WHY IT SHOULDNT COME AS FOR EX. IF BUILDING APPRECIATES IT WILL BE CRITED IN REVAL A/C (COZ ITS PROFIT) BUT WHEN IN THE ABOVE TRANSACTION THERE TOO IS AN INCREASES IN ASSET SO IT SHOULD COME.
thank u sir.