Revaluation loss

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June 7, 2021 at 9:04 am #623600
accastudent22
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How to account for revaluation loss in financial statements if there is no any opening revaluation surplus?
June 7, 2021 at 8:21 pm #623759
P2-D2
Keymaster
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Hi,

The full revaluation loss will go through profit or loss, so no complications.

Thanks
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