I am confused about how much amount is reflected in the income statement as a loss/gain and how much is transferred as a surplus to the equity section when revaluing an asset...
for e.g. If we need to value the asset upwards does the gain show as a surplus or does it get reflected directly in the income statement. And subsequently when the surplus is reversed does the loss show in the income statement until the previous surplus is reversed?
Can someone clarify this giving explanation for scenarios when we value the asset upwards and then down and also vice versa...how it affects the income statement and equity.. |
发表于 2011-7-13 16:42
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