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consolidation doubt.. plzz help

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › consolidation doubt.. plzz help

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • November 27, 2015 at 9:36 am #285660
    anjujoseph
    Member
    • Topics: 12
    • Replies: 5
    • ☆

    Sir,
    If entry for revaluation is
    Dr.ppe
    Cr.p/l
    Cr:oci
    Then what’s the effect these in consolidated profit and loss statement and statement of financial position. I really confused with debit and credit.
    If entry is cr.p&l then what should we do in income statement add or subtract??

    November 27, 2015 at 10:27 am #285671
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23359
    • ☆☆☆☆☆

    I’ve just answered this! Why are you multiple posting? Please don’t do this in future

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