At the time of consolidation, profit on revaluation of fixed assets of the subsidiary company is treated
Question:
At the time of consolidation, profit on revaluation of fixed assets of the subsidiary company is treated as
A. Revenue profit;
B. Capital profit
C. None of the above.
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B C...View the full answer
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Related Book For 
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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