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Define capital reserve?
Capital reserve is the amount created to increase in market value of assets at the time of revaluation of assets.
What is a revaluation reserve?
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.
What is the difference between revaluation Surplus and revaluation Reserve?
Fundamentally, a revaluation surplus and a revaluation reserve is the same. A revaluation reserve is a revaluation surplus obtained from evaluation.
Accounting treatment for surplus of revaluation of fixed assets?
a revaluation increase is credited to equity as a revaluation surplus, unless it's a reversal of a revaluation decrease, when it should be recognised as income.
What is surplus on revaluation of asset?
Surplus on revaluation of assets means that on the even of revaluation, more assets has appreciate in their value then depreciate.
When revaluation result of tybcom is going to be declared?
tybcom revaluation result
Revaluation application forms in Ug kakatiya university?
revaluation forms
What is going on with the revaluation of the Iraqi Dinar?
Iraqi dinar revaluation, when will this happen?
What are the journal entry for asset revaluation?
debit asset and credit asset revaluation
Author of white revaluation?
The author of the book White Revaluation is K.M. Parchure.
When was Revaluation of the Turkish Lira created?
Revaluation of the Turkish Lira was created in 2005.
Is revaluation reserve a capital reserve?
Yes...revaluation reserve is a part of capital reserve.
