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If a Revaluation of an asset is done for the first time and there is a revaluation gain, this should be shown in a. Other
If a Revaluation of an asset is done for the first time and there is a revaluation gain, this should be shown in
a.
Other Comprehensive Income as a Negative figure
b.
Other Comprehensive Income as a Positive figure
c.
The Statement of Profit and Loss Account as an Expense
d.
The Statement of Profit and Loss as Income
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