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Franco Company uses IFRS and owns property, plant and equipment with a historical cost of...

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Accounting

Franco Company uses IFRS and owns property, plant and equipment with a historical cost of 5000000 euros. Franco elects to revalue
these assets. At December 31,2024, the company reported a valuation reserve of 8565000 euros. At December 31,2025, the
property, plant and equipment was appraised at 5525000 euros.
The valuation reserve at December 31,2025 will be reported at
8565000 euros in the Assets section of the Statement of Financial Position
525000 euros on the Income Statement.
8040000 euros on the Statement of Stockholders' Equity.
9090000 euros in the equity section of the Statement of Financial Position.
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