Chapter 26:Deferred Tax: Revaluation

This topic has 3 replies, 2 voices, and was last updated 11 years ago by MikeLittle.

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April 13, 2015 at 1:56 pm #241138
samson
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Dear Mike,
In example 3 on page 191 of the course notes, where will the DR entry for the deferred tax relating to the revaluation go? Will it be part of current tax or debited to revaluation?

Kind regards
Sam
April 13, 2015 at 9:32 pm #241189
MikeLittle
Keymaster
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Dr Revaluation Reserve

Ok?
April 13, 2015 at 10:41 pm #241197
samson
Participant
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Okay, Mike. Thank you so much
April 13, 2015 at 10:44 pm #241198
MikeLittle
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You’re welcome
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