Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

September 2025 ACCA Exams

How was your exam? Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

IAS 16

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › IAS 16

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • June 6, 2018 at 10:47 pm #457309
    madni141
    Member
    • Topics: 27
    • Replies: 16
    • ☆

    Are these the correct entries for revaluation downwards?

    Dr revaluation surplus
    Dr non current asset accumulated depeciation account
    Cr non current asset cost account

    June 7, 2018 at 6:40 am #457372
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54748
    • ☆☆☆☆☆

    Yes – although revaluations downwards don’t really happen in Paper F3.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘IAS 16’ is closed to new replies.