Professional Documents
Culture Documents
Plant Property and
Plant Property and
Gain on Recovery
Revaluation Surplus
Formulas To Be Used:
𝐶𝑜𝑠𝑡 𝑜𝑓 𝑊𝑎𝑠𝑡𝑖𝑛𝑔 𝐴𝑠𝑠𝑒𝑡 (𝐶𝑂𝑊𝐴) − 𝑅𝑒𝑠𝑖𝑑𝑢𝑎𝑙 𝑉𝑎𝑙𝑢𝑒
1. 𝑫𝒆𝒑𝒍𝒆𝒕𝒊𝒐𝒏 𝑹𝒂𝒕𝒆 = 𝐸𝑠𝑡𝑖𝑚𝑎𝑡𝑒𝑑 𝑈𝑛𝑖𝑡𝑠