If a French company using IFRS revalued its property, plant, and equipment upwards due to an increase

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If a French company using IFRS revalued its property, plant, and equipment upwards due to an increase in its fair value, where would the revaluation appear in its financial statements. How would the company account for a subsequent downward revaluation?

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Intermediate Accounting

ISBN: 978-0324659139

11th edition

Authors: Loren A. Nikolai, John D. Bazley, Jefferson P. Jones

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