微信扫一扫
实时资讯全掌握
| Davis Inc. is a large manufacturing company operating in several European countries. Davis has long-lived assets currently in use that are valued on the balance sheet at $600 million. This includes previously recognized impairment losses of $80 million. The original cost of the assets was $750 million. The fair value of the assets was determined by in independent appraisal to be $690 million. Which of the following entries may Davis record under IFRS? A)$90 million gain on income statement. B)$80 million gain on income statement and a $10 million revaluation surplus. C)$90 million revaluation surplus. |
暂无解析 |