[amarshad]

Hey John,

I meant if we have sold the asset and removed it, then what will match the revaluation surplus is the cash we recieved and the gain. It still wouldnt match whatever is left in the surplus

[amarshad]

Guys one this after disposal, how is it that the revaluation reserve is transferred to Retained earnings, what would be the offset in the assets side. Cash will match the profit on the sale and the removal of asset l. But the reserve transferred to Retained Earnings will amount extra on the equity and liability

[Author]

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