Definitions
There is 1 meaning of the phrase
Revaluation Reserve.
Revaluation Reserve - as a noun
Account that records any surplus after the revaluation of assets.
Example: "The increase in depreciation arising out of revaluation of fixed assets is debited to revaluation reserve and the normal depreciation to profit and loss account."
Example Sentences
"The company recorded a revaluation reserve of $1 million for its real estate assets."
"The revaluation reserve can be used to offset future losses in case of an economic downturn."
"The revaluation reserve was created to account for the increase in market value of the company's investments."
"The auditor reviewed the revaluation reserves to ensure compliance with accounting standards."
"The revaluation reserve was used to fund a capital expenditure project."
