I got a question, folks. Is the difficulty of the exam questions the same everywhere or it variates depending on the region ? Why I am asking is because questions were much easy than in the BPP revision kit
I am sorry but do not understand logic behind transfering an revaluation reserve to retained earnings account . I would highly appreciate if someone could please explain it in more detail.
I do not think this case is ever possible, since parent and subsidiary companies make up a group in a whole. And these two are treated in accordance with single entity concept
