Why may the revaluation of a non-current (fixed) asset not be reported in the profit and loss

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Why may the revaluation of a non-current (fixed) asset not be reported in the profit and loss account?

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Financial and Management Accounting

ISBN: 978-1292086590

7th edition

Authors: Pauline Weetman

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Question Posted: Jan 25, 2018 01:31 AM

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How is the revaluation of a non-current (fixed) asset reported?
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Why may the revaluation of a non-current (fixed) asset not be reported in the profit and loss

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Financial and Management Accounting

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