Yes...revaluation reserve is a part of capital reserve.
Yes it can use any of the capital reserves for the purpose, like Share Premium Account, Capital Redemption Reserve & Revaluation Reserve...
Fundamentally, a revaluation surplus and a revaluation reserve is the same. A revaluation reserve is a revaluation surplus obtained from evaluation.
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.
revalutation account is opened to record the revaluation of assets and liabilities.the profit or loss arising because of revaluation is transfered to old partners capital account in their old profit sharing ratio. Companies from time to time check the values of assets and liabilities for there book values and if there is some changes in book values of assets and liabilities that revaluations are made through revaluation account which are later charge to profit and loss account or transferred to reserve account.
No, Dividend Can't be declared out of revaluation of fixed assets. dividend may be declared by a company for that year out of the accumulated profits earned by it in previous years and transferred by it to the reserves, But not from revaluation reserve as its a unrealized profit...
Yes it can use any of the capital reserves for the purpose, like Share Premium Account, Capital Redemption Reserve & Revaluation Reserve...
Capital reserve is the amount created to increase in market value of assets at the time of revaluation of assets.
Fundamentally, a revaluation surplus and a revaluation reserve is the same. A revaluation reserve is a revaluation surplus obtained from evaluation.
yes, for a bonus issue
Total of Share capital, reserves and other funds and deposits is working capital of the bank but less revaluation reserve.
it is non-distributable as it represents unrealised profits on the revalued assets. it is another capital reserve. the relevant part of a revaluation surplus can only become realised if the asset in question is sold, thus realising the gain.
Revaluation reserve is an intangible asset so it can't be part of tangible net worth . anjan
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
No.
capital reserve is not a free reserve