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Was my previous post closed automatically?
Anyway, thank you very much for your reply!
I know about this system, that firstly Revaluation surplus (if we have it) must be written down. If it is not enough, there will be Deficit on revaluation, which will not be appear in Statement of Profit or Loss and Other Comprehensive Income… I’m not sure about the last one.
This deficit will be showen only in Statement of Changes in Equity and Statement of Financial Position (section Liabilities). Am I right..?Looking forward your reply!
“This deficit will be showen only in Statement of Changes in Equity and Statement of Financial Position (section Liabilities). Am I right..?”
No, it will appear also in the Statement of Comprehensive Income as a deduction from the year’s profits
“Was my previous post closed automatically?”
No, not automatically. It was becoming a problem that students would latch on to any previous post and ask a question totally unrelated to the subject matter of the established thread
So, at John’s suggestion (both he and) I have started to close a thread as soon as the post has been (in my opinion) satisfactorily closed.
Of course, as in your case here, there may well be a supplementary follow-up question arising from my initial response but I doubt that that is overly annoying – far less annoying than having to search through 20 or 30 posts on a single thread covering 10 or 15 separate topics
OK?
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