chapter 12 example in the notes

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June 20, 2019 at 8:58 am #520908
hagun527
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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
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Hi,

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

Thanks
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