If an asset is revalued at higher cost than its original cost-13315
If an asset is revalued at higher cost than its original cost, the excess amount will be treated as __________ on revaluation of fixed assets
This multiple choice question (MCQ) is related to the book/course
vu mgt101 Financial Accounting.
It can also be found in
vu mgt101 Lecture No.20 - Quiz No.1.
If an asset is revalued at higher cost than its original cost, the excess amount will be treated as __________ on revaluation of fixed assets
Loss
Profit
Balance
None of the given
