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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › June 201 Prodigal – Gain on revaluation of land
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
Because the gain was only on acquisition so no apportionment
