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?
Ask the Tutor ACCA FA
Revaluation
5y ago#1The revaluation surplus and the revaluation reserve are different names for the same thing.
Alright sir.
5y ago#3You are welcome :-)
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