If a business found that there was a surplus on revaluing a property, what effect would this

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If a business found that there was a surplus on revaluing a property, what effect would this have on its cash position?

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Accounting A Smart Approach

ISBN: 9780199587414

1st Edition

Authors: Mary Carey, Jane Towers Clark, Cathy Knowles

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Question Posted: May 14, 2024 05:01 AM

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If a business found that there was a surplus on revaluing a property, what effect would this

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If a business finds a surplus upon revaluing a property it indicates that the value of the property has increased compared to its previous valuation W...View the full answer

Accounting A Smart Approach

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