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.
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