Plz answer the ✅ marked question and help me fast.
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Plz answer the ✅ marked question and help me fast.
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Unrealised gains arising from the revaluation of assets vis-à-vis the purchase price are not recognised as income but taken into a revaluation account; unrealised losses are charged against previous unrealised gains in the revaluation account and any remaining losses charged against profit.
the proposed appropriation of profit or treatment of loss, or where applicable, the appropriation of the profit or treatment of the loss;