Can you please give formulas to calculate 1fair value. 2. NRV. (Is it same as market value?) 3.carrying amount. 4 revaluation surplus
Ask the Tutor ACCA FR
Carrying amount,NRV,Revaluation
10y ago#1There are no formulae!
Fair value is explained in the free F7 course notes
The other three are explained in the F3 course notes / videos
These are a bit basic coming just days before the exam! What has suddenly caused you ask these questions?
thanks.i just wanted to know is there a formulae..
10y ago#3No, as stated, no formulae :-(
10y ago#4No, as stated, no formulae :-(
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