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Ask the Tutor ACCA FA

Disposal of a revalued nca

Bbekmuratov1mo ago

If we have a revaluation surplus on a disposed asset, but we had a loss on disposal, can we net them against each other or not? Because the BPP exam kit says that we can

John MoffatJohn MoffatTutor1mo ago#1

Yes - they should be netted off.

Bbekmuratov1mo ago#2

Thank You

John MoffatJohn MoffatTutor1mo ago#3

You are welcome :-)

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