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Transfer of Excess Depreciation

Hhamza5y ago
Hello Sir! I have a question that when we make our transfer of excess depreciation from Revaluation Surplus to Retained Earning does the balance of our Revaluation surplus in OCI remain same or changes..?
P2-D2P2-D2Tutor5y ago#1
Hi, The revaluation balance will decrease as we are passing some of it over to the retained earning balance. Thanks
Hhamza5y ago#2
But in book it's written that it do not effect OCI...
P2-D2P2-D2Tutor5y ago#3
It doesn't impact OCI as the transfer is done in the SOCE.
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