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June 201 Prodigal – Gain on revaluation of land

This topic has 1 reply, 2 voices, and was last updated 12 years ago by MikeLittle.

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November 14, 2012 at 2:49 pm #55316
annz2020
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I do not understand why the Gain on revaluation of land $1m for Sentinel no need to apportion for 6 months? Answer given: [2,500 + 1,000] in Other Comprehensive income. Thank you
November 14, 2012 at 6:24 pm #107451
MikeLittle
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Because the gain was only on acquisition so no apportionment
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