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chapter 12 example in the notes

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › chapter 12 example in the notes

  • This topic has 1 reply, 2 voices, and was last updated 6 years ago by P2-D2.
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  • June 20, 2019 at 8:58 am #520908
    hagun527
    Member
    • Topics: 17
    • Replies: 2
    • ☆

    hello

    for the example 1 in the notes of chapter 12, could you explain why the gain on revaluation is 1400?

    in the working, historic cost is 13900, and revaluation value is 15100, but why the gain on revaluation is 1400? shoulde not be 1200?

    thank you

    June 24, 2019 at 9:50 pm #521249
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7205
    • ☆☆☆☆☆

    Hi,

    It must be a typo in the notes that I’ve not updated for this sitting.

    Thanks

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