Skip to content

Ask the Tutor ACCA FA

Disposal of a revalued nca

Bbekmuratov27d ago

If we have a revaluation surplus on a disposed asset, but we had a loss on disposal, can we net them against each other or not? Because the BPP exam kit says that we can

John MoffatJohn MoffatTutor26d ago#1

Yes - they should be netted off.

Bbekmuratov26d ago#2

Thank You

John MoffatJohn MoffatTutor26d ago#3

You are welcome :-)

Topic lockedNew replies are closed.