june 2013 Q5 part bForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › june 2013 Q5 part bThis topic has 3 replies, 2 voices, and was last updated 9 years ago by MikeLittle.Viewing 4 posts - 1 through 4 (of 4 total) AuthorPosts May 23, 2014 at 10:25 pm #170391 aishaasadMemberTopics: 159Replies: 185☆☆☆Sir why the gain of 350 on propererty A is put in other comprehensive income and in revaluation reserve why not in I/S given that it was reclassified as investment property on 1.10.2012 May 25, 2014 at 10:16 am #170613 MikeLittleKeymasterTopics: 27Replies: 23137☆☆☆☆☆Because on initial reclassification as investment property, any gain on revaluation goes to revaluation reserve,Subsequent revaluations go through Income StatementOK? May 25, 2014 at 2:03 pm #170692 aishaasadMemberTopics: 159Replies: 185☆☆☆thank u Sir May 25, 2014 at 3:13 pm #170714 MikeLittleKeymasterTopics: 27Replies: 23137☆☆☆☆☆You’re welcomeAuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In