Asset Revaluation

[Former Member]

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Hello all ,

I Have an query regarding asset ". Asset revaluation and depreciation calculation on revalued asset. Effect in change in valuation whether hit P&L a/c or B/s."

suggest

[former_member266169]

Hi,

the revaluation impacts BS and the depreciation, scrapping loss, retirement los or gain etc. from revalued asset impacts P&L.

BR Tarik