01-23-2010, 09:42 PM
Dear All;
As per Companies Ordinance, 1984, incrimental depreciation may be charged to revaluation surplus.
Please explain me whether we can charge some portion of this incrimental depreciation to revaluation surplus (say 50%) and all other to profit and loss account.
We have enough revaluation surplus to charge total incrimental depreciation against it.
As per Companies Ordinance, 1984, incrimental depreciation may be charged to revaluation surplus.
Please explain me whether we can charge some portion of this incrimental depreciation to revaluation surplus (say 50%) and all other to profit and loss account.
We have enough revaluation surplus to charge total incrimental depreciation against it.
