Ias 16 – RevaluationForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Ias 16 – RevaluationThis topic has 1 reply, 2 voices, and was last updated 2 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts May 18, 2021 at 8:00 pm #620973 dev1210ParticipantTopics: 1Replies: 0☆Why is the journal entry for assets is sometimesDr Asset with Revaluation – Cost Dr Accumulated Depreciation Cr Revaluation surplusand other times Asset figure is the balancing figure?Dr Assets (balacing figure) Dr Accumulated Depreciation Cr Revaluation surplus May 19, 2021 at 10:03 pm #621124 P2-D2KeymasterTopics: 4Replies: 6898☆☆☆☆☆Hi,It all depends on what information is given in the question but you usually see the first method being used most commonly.ThanksAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In