What effect does asset revaluation have on a co... - SS2 Accounting Revaluation of Assets Question
What effect does asset revaluation have on a company's financial statements?
A
It always results in a decrease in the company's equity
B
It always results in an increase in the company's equity
C
It can result in either an increase or decrease in the company's equity
D
It has no effect on the company's equity
correct option: c
Please share this, thanks:
Add your answer
No responses