Question: Select the best answer to complete the following statement: In the case of property, plant, and equipment carried at a revalued amount, the impairment loss

Select the best answer to complete the following statement: "In the case of property, plant, and equipment carried at a revalued amount, the impairment loss is first taken against Blank______ and then to Blank______."Multiple choice question.revaluation surplus, incomeincome, revaluation surplusassets, revaluation surplusrevaluation surplus, assets

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