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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Revaluation
If in a qs in the info it says that revaluation has been recorded already in the SOCIthen does it also imply that it is already included in the SOFP in revaluation reserve?
That’s how double entry works! Unless it may possibly be in a “Suspense Account”, but that’s not likely.
Thanks 🙂
