ISSUE 1
Required 2
Account
Dr.
25,000,000,000
2019 Land
Cash
12/31/2020 Land
65,000,000,000
Unrealized Gain on
Revaluation - Land
Required 3
Unrealized Gain on
12/31/2021 Revaluation - Land
40,000,000,000
Land
If the asset is revalued to 20 billion in 2020
12/31/2020 Impairment Loss
5,000,000,000
Land
If the asset is revalued to 50 billion in 2021
12/31/2021 Land
Recovery of Impairment Loss
Unrealized Gain on
Revaluation - Land
30,000,000,000
Cr.
25,000,000,000
65,000,000,000
40,000,000,000
5,000,000,000
5,000,000,000
25,000,000,000