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FARevaluation Reserve

AAmritash6y ago
Hi Sir, If we have a downward revaluation, it will be an expense. Will it be under other comprehensive income or operating expenses.
John MoffatJohn MoffatTutor6y ago#1
In future you must ask in the ask the Tutor Forum if you want me to answer. This forum is for students to help each other. it will be an operating expense (although downward revaluations don't appear in Paper FA, just depreciation :-) )
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