问答题
Emma purchased a building five years ago for $80,000. Its useful life was estimated to be 25 years. At the start of year 6, it was decided to revalue the building to its current market value of $200,000. Emma completed an annual transfer of excess depreciation between revaluation reserve and retained earning as allowed by accounting standards.
What is the amount of the reserve transfer?
$______
【正确答案】
【答案解析】[考点] Recording transactions and events-Tangible non-current assets-Revaluation [难易度] 中 重估之前的Depreciation=Building的成本/使用年限=80,000/25=$3,200 重估之后的Depreciation=重估金额/剩余使用年限=200,000/(25-5)=$10,000 Excess depreciation=10,000-3,200=$6,800