Revaluations IAS 16

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May 27, 2015 at 12:25 pm #249535
kudawekukp
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I am looking for question where the following aspect of IAS 16 was examined or is likely to be examined:

Double entry:
Dr Revaluation reserve
Cr Retained earnings

(transfer of a revaluation reserve to Retained Earnings)
May 27, 2015 at 6:08 pm #249641
MikeLittle
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I’m not sure if there any examples there, but you should check the PPE non-current assets mini exercises at the end of the free course notes
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