Hi. I am struggling to understand the logic behind transferring excess depreciation on the revaluation of assets from OCI to retained earnings. What does paying excess depreciation have to do with retained earnings? By transferring to retained earnings, are we debiting retained earnings and crediting OCI?
Thanks so much for the lectures, they are so informative. I really enjoy watching
Hi. I am struggling to understand the logic behind transferring excess depreciation on the revaluation of assets from OCI to retained earnings. What does paying excess depreciation have to do with retained earnings? By transferring to retained earnings, are we debiting retained earnings and crediting OCI?
Excellent introduction to this paper !!! Thank you.
Thank you for very much Open tuition. Excellent Recap!!!