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
________________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
