Revaluation Reserve

This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.

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June 12, 2020 at 11:21 am #573576
amritash
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Hi Sir,

If we have a downward revaluation, it will be an expense. Will it be under other comprehensive income or operating expenses.
June 12, 2020 at 3:23 pm #573666
John Moffat
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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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