1. If there has been an annual transfer of excess depreciation charged from revaluation surplus account to the retained earnings (within equity in SOFP), is there a change in the statement of changes in equity?
is there any effect to SOCIE, in debiting the revaluation surplus and crediting the retained earnings?
2. If there has been a disposable of revalued non-current asset, is there a change in the statement of changes in equity?