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Disposal of non current asset

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Disposal of non current asset

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • March 15, 2018 at 8:34 am #442687
    alikhakar
    Participant
    • Topics: 187
    • Replies: 79
    • ☆☆☆

    In BPP book it is shown that revaluation surplus is transferred asset disposal a/c but at acca website in technical article it is shown that balance in revaluation is transferred to retained earnings. Which one is correct and what to follow in exam ?

    March 15, 2018 at 11:56 pm #442743
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54748
    • ☆☆☆☆☆

    The end result is exactly the same, and that is all that matters for the exam.

  • Author
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Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘Disposal of non current asset’ is closed to new replies.

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