REVALUATION RESERVE question...

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If Revaluation Reserve for PPE is added to assets, would the revaluation reserve in equity be just for PPE or any revaluations in stock as well?

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  • stevef
    stevef Registered Posts: 258 Dedicated contributor 🦉
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    The Revaluation Reserve is for the non current assets, so revaluation of stock would not be taken to the Revaluation Reserve.
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