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FRRevaluation

SSalik10y ago
Hi Asset is revalued at year end so revaluation surplus will take after deducting depreciation on respective asset or without it what should we do of accummulated depreciation? (occuring from previous year) E.g asset WDV 80000 acc dep 15200 rate 10% revalued amount 70000
MikeLittleMikeLittleTutor10y ago#1
When was depreciation last charged on the asset (what date) and what date was the revaluation? Put your question on Ask the Tutor and I'll answer it
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