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Ask the Tutor ACCA SBR

Revaluation ppe

Ttarek11y ago
Hi mike If there is impairment this year suppose 3 it's go to PL and next year revaluation 5 I will take all 5 to OCE or I will reverse 3 impairment in PL and 2 go to OCE?
MikeLittleMikeLittleTutor11y ago#1
Reverse the three and then revaluation reserve the remaining two Ok?
Ttarek11y ago#2
Yes thanks mike
MikeLittleMikeLittleTutor11y ago#3
You're welcome
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