What is the double entry for recording a revaluation gain?

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Muhammad
03-September-2014

Accounting Auditing Financial Reporting Economics

Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2016/04/25

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1 Answers

Mohammed Shahsad

by Mohammed Shahsad , Freelance Travel Consultant , Freelancing

in case of fixed assest

Fixed asset Dr

to Gain on revaluation Cr

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