Machine revaluation

by which head name revaluation a/c is debited to p&l if the machine is revalued downward
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Quick Summary
This discussion clarifies how machine revaluations are accounted for. Generally, downward revaluations are not directly debited to the Profit & Loss (P&L) account. Instead, they are typically handled through equity, specifically revaluation reserves. If a current year's downward revaluation exceeds any existing revaluation surplus, the excess loss is recognised in Other Comprehensive Income (OCI) and a portion may be expensed in the P&L. Revaluation gains and losses are primarily reflected in reserves and equity, not directly in the P&L, and cannot be reclassified into P&L.

Revaluation account does not exist separately in profit and loss

Revaluation account goes through equity and any reversal can be treated in profit or loss or oci. Eg property valuation if there is no revaluation surplus to offset current years loss, it must be recognised in oci. Like that gains or losses can be treated through oci. Last year revalution surplus was 5k and tgis years downward eevalution is 10k. The oci will carry the loss to reserve anx we must also debit 10-5k as an expense in profit and loss . 

Forgot to mention your presentation of statments will have what items will first be recognised into profit or loss and oci. Next whenever you offset and current years gain or loss with previous years revaluation surplus or deficit, the balance can be taken to profit or loss. 

Ok it mean it doesn't comes in p&l it is treated directly from reserve and surplus in b/s ??

Yes. Revaluation of property plant and equipment goes through the reserves. But not through p&l. This item cannot be reclassified into P&l. Like this there are list of items presented 

But in case of no reserve fund with company it is treated through p&l a/c ??

No still the same procedure. 

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