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7:- Question 9 Not yet answered Marked out of 1.00 P Flag question In case a revalued asset is disposed of, any revaluation surplus must

7:- Question 9 Not yet answered Marked out of 1.00 P Flag question In case a revalued asset is disposed of, any revaluation surplus must be transferred directly to retained earnings. It is not allowed to be left in equity under the heading revaluation surplus. The transfer to retained earnings should be made through profit or loss. Select one: True False Previous page Next page How to Attempt An Exam

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