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If a non - current asset was revalued at the end of the financial year to 7 0 0 , 0 0 0 . The
If a noncurrent asset was revalued at the end of the financial year to The assets net book value prior to revaluation is and its original acquisition cost is Which of the following is correct?Question Answera.Dr noncurrent asset Dr revaluation reserve Cr accumulated depreciation bDr accumulated depreciation Cr noncurrent asset cDr accumulated depreciation Cr noncurrent asset Cr revaluation reserve dDr accumulated depreciation Cr revaluation reserve Clear my choice
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