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Revaluation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Revaluation

  • This topic has 2 replies, 2 voices, and was last updated 12 years ago by hasanali95.
Viewing 3 posts - 1 through 3 (of 3 total)
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  • April 20, 2013 at 3:08 pm #122983
    hasanali95
    Member
    • Topics: 239
    • Replies: 248
    • ☆☆☆

    If in a qs in the info it says that revaluation has been recorded already in the SOCIthen does it also imply that it is already included in the SOFP in revaluation reserve?

    April 21, 2013 at 7:52 am #123051
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    That’s how double entry works! Unless it may possibly be in a “Suspense Account”, but that’s not likely.

    April 21, 2013 at 4:15 pm #123120
    hasanali95
    Member
    • Topics: 239
    • Replies: 248
    • ☆☆☆

    Thanks 🙂

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  • The topic ‘Revaluation’ is closed to new replies.

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