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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IAS 16 PPE – Revaluation Treatment
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”?
It 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
My pleasure
