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Q: How can i prepare realisation account?
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What is difference between revaluation account and realization account?

Revaluation account and Realisation account both are nominal account. the purpose of revaluation account is taking the effect of fluctuations in asset & liabilities in their books while purpose of realisation account is to closing the books of accounts of a comapany or a firm. Revaluation a/c is made when any fluctuation in value of an asset takes place. realisation a/c is made at the time of liquidation of a company or a firm.


Is realisation account real account?

realization account... never heard but what i know if you sold something like equipment.. that equipment was realized.. so realization took place there


What is realisation account?

When company goes to liquidation process then realization account is created which is a temporary account and all assets and lialibilities are realized through this account and after realization there may be surplus or defeciancy in realization account.


What do you mean by realisation?

Realisation


How do you prepare final account in tally?

bill wise detail (on account)


Give you the format on how to prepare manufacturing account?

yes


How do non profit making organizations prepare their final account?

By preparing Receipts & Payments Account, Income and Expenditure Account and a Balance sheet.


About projected balance sheet and profit and loss account?

how to prepare the forecast report of profit and loss account with balancesheet


What data do you need to prepare an accounts receivable aging report?

Describe the data which will be used to prepare the account receivable aging report


Why does a Buddhist meditate?

For GOD realisation


What actors and actresses appeared in Eti..... Realisation Begins - 2008?

The cast of Eti..... Realisation Begins - 2008 includes: Gaurav Chatterjee


What is Subject to realisation?

cheques are sent for collection to the issuers bank and after if they clear the cheque the amount is realised and hence it is called subject to realisation.