A revalued PPE asset had an Asset Revaluation Surplus ( ARS ) balance of $ 5 6
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A revalued PPE asset had an Asset Revaluation Surplus ARS balance of $This item of PPE was sold for $ Prepare the necessary journal entry to deal with the ARS balance
Related Book For
Intermediate Accounting
ISBN: 978-0176509736
10th Canadian Edition, Volume 1
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
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