Calculate the balance of the revaluation surplus as of dec

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Problem 1: Assume that the building and vehicle had remaining useful lives of 25 years and 4 years respectively, with zero residual value. Calculate the carrying amount the building as of December 31, 2021

Problem 2: Calculate the balance of the revaluation surplus as of December 31, 2020

Reference no: EM132756328

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Calculate the balance of the revaluation surplus as of dec : Assume that the building and vehicle had remaining useful lives of 25 years, Calculate the balance of the revaluation surplus as of December 31, 2020.
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