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-   -   Disposal of investment properties (https://www.askmehelpdesk.com/showthread.php?t=184435)

  • Feb 15, 2008, 03:04 PM
    SCOTTIEtohottie
    disposal of investment properties
    I have an investment property (cost £20k), that has been revalued in the books at £35k. I have just sold it for £30k. What are the accounting entries on the disposal, if the revaluation reserve holds £15k for this property
  • Feb 20, 2008, 02:03 PM
    MaggieMouse
    I would just do a reverse entry on whatever accounts affected when you set up the reserve.

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