Revaluation surplus journal entry?

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Revaluation surplus journal entry?

Arabian
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11-03-2009, 07:39 PM

<font color="purple">125000/8=15625 depreciation per year
depreciation for 5 years = 15625*5=78125

WDV after 3 years = 125000-78125 = 46875
revalued value = 70000

difference = 70000-46875 = 23125

Asset 23125 Dr.
Revaluation surplus 23125 Cr.
</font id="purple">

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Revaluation surplus journal entry? - by kashif187 - 10-28-2009, 05:07 PM

[No subject] - by hmmm - 10-29-2009, 12:35 AM

[No subject] - by skystar - 10-30-2009, 02:47 AM

[No subject] - by skystar - 10-30-2009, 03:05 AM

[No subject] - by farazkpmg - 10-30-2009, 06:47 PM

[No subject] - by hmmm - 11-01-2009, 07:57 PM

[No subject] - by Arabian - 11-03-2009, 07:39 PM

[No subject] - by hmmm - 11-04-2009, 10:53 PM

[No subject] - by irfan kazim - 11-12-2009, 04:47 PM

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