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Property. Plent and Equipment 6. XYZ Bhd has three pieces of land and the detailed information is as follows: A Cost Acquired in year 1
Property. Plent and Equipment 6. XYZ Bhd has three pieces of land and the detailed information is as follows: A Cost Acquired in year 1 RM700.000 RM1,200,000 RM800,000 Revaluation as at end of year 3 6 9 RM400,000 RM800.000 RM900.000 RM1,500,000 RM1.400.000 RM1.600,000 RM900,000 RM1.200.000 Sold for RM1,400,000 B The entity adopts the fair value method in the accounts. Required: Show the revaluation reserve and the profit and loss extract for each of the three years 960 000. Expected
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