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This topic has 3 replies, 2 voices, and was last updated 6 years ago by John Moffat.

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November 17, 2018 at 3:10 am #485049
leeds627
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one doubt Sir, in page number 90, task 2 why isn’t Buildings carried amount in the financial statements after revaluation?
November 17, 2018 at 5:15 pm #485081
John Moffat
Keymaster
- Topics: 57
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I have no idea which book you are referring to!! 🙂
November 17, 2018 at 5:23 pm #485087
leeds627
Member
- Topics: 24
- Replies: 23
Apologies! bpp revision kit 2018 is the book, I had copied this from my previous post and forgot to add the books name!
November 17, 2018 at 5:43 pm #485090
John Moffat
Keymaster
- Topics: 57
- Replies: 54628
It is a mistake by BPP.
Had there not been a revaluation, then their answer would have been correct. However because the question specifically states that the revaluation it to be incorporated into the accounts at 31 October, it should be the revalued amount.
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