No.
Fundamentally, a revaluation surplus and a revaluation reserve is the same. A revaluation reserve is a revaluation surplus obtained from evaluation.
Yes...revaluation reserve is a part of capital reserve.
Revaluation reserve is an intangible asset so it can't be part of tangible net worth . anjan
Yes it can use any of the capital reserves for the purpose, like Share Premium Account, Capital Redemption Reserve & Revaluation Reserve...
Revaluation reserve is part of equity of business as shown under equity section in liability section of balance sheet.
a revaluation reserve is an increase in the value of fixed assets.for example,if a building was valued at £900,000 in 2007,and its net book value at that date was only £700,000,the difference of £200,000 is revaluation reserve.if the net book value would have been £950,000, there would be a revaluation deficit of £50,000.
it is included in cash flow statement
Revaluation of inventory has no net effect on the cashflow statement as there has been no movement in cash. If the value of inventory is increased, the debit entry to inventory revaluation is negated by the credit entry to the revaluation reserve / shareholders' funds. If the value of inventory is decreased (more common), the credit entry to inventory writedown is negated by the debit entry as an expense or cost of sales item through the "statement of financial position" to retained earnings / shareholders' funds. Treatment and disclosure of course would vary depending on the materiality, timing, accounting standards applicable to the jurisdiction and legislative / regulatory requirements with which the entity is obliged to comply.
yes, for a bonus issue
Capital reserve is the amount created to increase in market value of assets at the time of revaluation of assets.
No! the asset revaluation reserve equal to the amount of depreciation charged during the year on the revalued asset should to be transaferred to the Retained Earning.
A non-distributable reserve is one which is not available for distribution to shareholders as a dividend.