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Good day sir,
Could you little bit help me with definitions?
Revaluation surplus and impairment loss -there are just two types of results which we would receive after revaluation an assets( comparison between carrying amount and fair value)?
Or maybe there’s no change to the carrying value as a third option.
So, it’s either gone up or down or not moved
Ok?
Thank you,
So and the same situation with disposal of assets, when disposal happened we can receive two results:gain on disposal or loss on disposal?
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