An entity decides to revalue its freehold property during the current period creating a revaluation...

Vendor: CIMA
Product: BA3
Update on: Jul 29, 2025
Questions: 393

CIMA BA3 Question Answer

An entity decides to revalue its freehold property during the current period creating a revaluation surplus.

Where in the current period financial statements would the revaluation surplus appear?

Statement of financial position and statement of changes in equity

Statement of changes in equity and statement of cash flow

Statement of financial position and income statement

Statement of changes in equity and income statement

CIMA BA3 Summary

Price: $52.5 ~~$149.99~~