[princepanda168]

That’s Great, Thank you for your answer~ I got it now.

[princepanda168]

Sorry John, but as I have watched your free lecture videos and the notes, You do have dealt with Disposal (Not for the Revalued Asset) and The Revaluation of NCA (without the sales of it).

Also thank you for your recommendation, I have watched, I do know I did wrong above on the Depreciation.

But I want to ask:
What if we sell the NCA that have been revalued, what will be the reported amount of profit/loss on sales of NCA on P&L Stmt? and
Is there any effect on the statement of change in owner equity?

🙂

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