Revaluation Reserve

  • Updated on
Revaluation Reserve is generally a line item on the company?s balance sheet for keeping a reserve account for a certain asset. Companies typically use the revaluation reserve when the market value of an asset largely fluctuates against the change in currency relationships.

Term of the day

Absolute Advantage

What is an Absolute Advantage? Absolute advantage is one of the key macroeconomic terms, which is based on the principles of Capitalism and is often utilised i......
[ Read More ]
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK