Example:

31 May 2017 (acquisition year) 31 May 2018 31 May 2019

400,000 450,000 375,000
-Increase in the -Decrease in the revaluation
revaluation value by value by 75,000 which 50,000
which considered as unrealized considered as
losses. unrealized gains.
50,000 should appears as
- The 50,000 should revaluation reserve (debit) in
appear as revaluation the comprehensive income
reserve (credit) in the statement and 25,000
comprehensive appears as a loss in the income
statement income statement.

30 June 2017 30 June 2018 30 June 2019

600,000 540,000
-Decrease in the revaluation
value by 60,000 which
considered as unrealized
losses.
-the 60,000 should appears
as loss in the income
statement.
620,000
-Increase in the revaluation
value by 80,000 which
considered as unrealized
gains.
-60,000 should appear as a
gain in the income statement
and 20,000 will be recorded as
revaluation reserve in
comprehensive income
statement.