20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

Revaluation

This topic has 3 replies, 2 voices, and was last updated 4 years ago by John Moffat.

Viewing 4 posts - 1 through 4 (of 4 total)

Author
Posts
June 30, 2021 at 3:23 am #626656
maximus07
Participant
- Topics: 446
- Replies: 437
Hello sir,
I saw one of answer to a student
You stated that removing existing depreciation.
Dr Accumulated Depr Cr Revaluation Reserve.
My question is we will not Credit revaluation surplus?
June 30, 2021 at 7:22 am #626676
John Moffat
Keymaster
- Topics: 57
- Replies: 54726
The revaluation surplus and the revaluation reserve are different names for the same thing.
June 30, 2021 at 11:01 am #626692
maximus07
Participant
- Topics: 446
- Replies: 437
Alright sir.
June 30, 2021 at 3:44 pm #626703
John Moffat
Keymaster
- Topics: 57
- Replies: 54726
You are welcome 🙂
Author
Posts

Viewing 4 posts - 1 through 4 (of 4 total)

The topic ‘Revaluation’ is closed to new replies.