Hi, may I know what does this sentence mean:" If the new carrying amount does not exceed the carrying amount of the asset if no revaluation has previously taken place"?
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IAS 16 PPE - Revaluation Treatment
6y ago#1It makes no sense - I hope you aren't going to tell me that I wrote it.
Hi Stephen, I got the explanation already. Btw, I really appreciate your reply! ;D
6y ago#3My pleasure
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