AS 16 requires a revaluation surplus resulting from initial revaluation of PPE to be treated in one of the following ways -

Entrepreneurial Finance
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ISBN:9781337635653
Author:Leach
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Chapter10: Valuing Early-stage Ventures
Section10.2: Basic Mechanics Of Valuation: Mixing Vision And Reality
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AS 16 requires a revaluation surplus resulting from initial revaluation of PPE to be treated in one of the following ways -

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