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Dear Tutor
________________Property plant and euipment____________
B/d 10000
Transfer to joint venture (1000)
Revaluation 50*?
C/d 12000
Acquistion 3000
I would like to know, if our share in joint venture is 50 %, and the PPE treansferred(1000) to joint venture has been revalued
Note (*)for 100, do we have to take this revaluation in calculation of acquired PPE, if yes should the amount be equal to 100*50%=50?
Thanx
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BPP revision kit , question 41, page 56, note (b)
there is a Revaluation of PPE 30 which is not taken into account while solving the problem“BPP revision kit , question 41, page 56, note (b)” not in my revision kit! Check the reference again please
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i am sorry) page 57
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Portal)
These figures ( in your post from 5 hours ago ) bear no relationship to the figures in my question Portal! For instance, transferred to jv in my book is only 200, revaluation is only 30
Are we in the same question?
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yes, i just wanted to make question shorter, 5 hours ago:)
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