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HELLO SIR …I HAVE A DOUBT….WHILE DOING REVALUATION OF A NON CURRENT ASSET WHY DO WE Dr. ACCU DEPRECIATION???
Because we are removing the existing accumulated depreciation.
After the revaluation we will start depreciating again on the revalued amount.
Have you watched my free lectures on this? The lectures are a complete free course for Paper FA and cover everything needed to be able to pass the exam well.
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