go simply this way … the revaluation gain – it is a virtual gain unless asset are set off. Now this gain is shown as imaginary increase in asset 4,400 amount – this is due to imaginary revaluation surplus 3300 and imaginary deferred tax of 1100. and this imaginary profits are accounted at comprehensive income deducting imaginary tax -3300.
lastly answer set shows realization by taking revalued amount for depreciation purpose.. who is confusing questioner , answer provider you or me i dont know ..lolzz
I was pissed off by 3 marks last time… And this time by 33 marks. Last time i attempt 94 marks n this time I had 96. But next time.. This guy gonna make miracle..!