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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › consolidation doubt.. plzz help
Sir,
If entry for revaluation is
Dr.ppe
Cr.p/l
Cr:oci
Then what’s the effect these in consolidated profit and loss statement and statement of financial position. I really confused with debit and credit.
If entry is cr.p&l then what should we do in income statement add or subtract??
I’ve just answered this! Why are you multiple posting? Please don’t do this in future