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2 reserves account

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › 2 reserves account

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by MikeLittle.
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  • November 30, 2013 at 1:57 pm #148598
    Nizar
    Member
    • Topics: 49
    • Replies: 125
    • ☆☆

    if there’s 2 revaluation reserve, i.e. land and building & investment property, can i combine both named “Revaluation reserve”? – pilot paper.

    December 1, 2013 at 12:13 pm #148800
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    I cannot see any reason why you wouldn’t – at least in the exam. You may feel it easier in a practical situation if they were kept separate but it should be fine in the exam room

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