IAS 16 requires a revaluation surplus resulting from initial revaluation of PPE to be treated in one of the following ways -
A.
Credited to retained earnings as an unrealised gain
B.
Debited to the class of PPE that is being revalued and credited to a equity
C.
Credited to long-term provisions and added to the PPE
D.
Released to the income statement over the life of the PPE