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ias 16

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › ias 16

  • This topic has 1 reply, 2 voices, and was last updated 14 years ago by MikeLittle.
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  • December 8, 2010 at 7:01 pm #46787
    studyhard
    Member
    • Topics: 2
    • Replies: 4
    • ☆

    What is the double entry for when i pay the valuator for revaluing my property.

    Some one told me credit bank and debit capital reserve is that correct and quote the standard please

    December 9, 2010 at 9:56 am #73735
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23334
    • ☆☆☆☆☆

    I would have thought it’s debit legal and professional fees. I could be wrong, but I’ve NEVER thought of debiting capital reserve

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