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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Impairement loss
Hi sir,
Any impairement loss will be netted off the revaluation surpuls
ONLY if revaluation surplus relate to the asset impaired.
And the rest of impareemt loss goes to spl
Is this correct?
Thanks
Hi,
Yes, this is correct, just make sure that you are comfortable in applying it using the numbers too.
Thanks
