Excess depreciation transfer to ret earningsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Excess depreciation transfer to ret earningsThis topic has 3 replies, 2 voices, and was last updated 11 years ago by MikeLittle.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts October 30, 2013 at 10:30 am #144119 hasanali95MemberTopics: 239Replies: 248☆☆☆Q Ambush (12/05) When property is revalued is it necessary to transfer excess dep to retained earnings if its not asked for in the qs? October 30, 2013 at 3:27 pm #144149 MikeLittleKeymasterTopics: 27Replies: 23214☆☆☆☆☆No, it’s not necessary. However, it is seen as good practice to transfer and amount equal to the “excess” depreciation from the revaluation reserve to the retained earnings each year. But that’s not mandatory October 30, 2013 at 3:40 pm #144154 hasanali95MemberTopics: 239Replies: 248☆☆☆Thanks October 30, 2013 at 3:45 pm #144157 MikeLittleKeymasterTopics: 27Replies: 23214☆☆☆☆☆You’re welcomeAuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In