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F7- Depreciation

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › F7- Depreciation

  • This topic has 3 replies, 2 voices, and was last updated 11 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
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    Posts
  • July 31, 2014 at 4:43 pm #180221
    yaa
    Member
    • Topics: 3
    • Replies: 5
    • ☆

    Is depreciation charged on installation costs?

    August 1, 2014 at 8:42 am #180272
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23355
    • ☆☆☆☆☆

    If the installation costs have been capitalised then, yes, depreciation will be applied to write off those capitalised installation costs over the estimated useful life of the installed asset

    August 1, 2014 at 11:25 am #180293
    yaa
    Member
    • Topics: 3
    • Replies: 5
    • ☆

    Ok
    Thank you

    August 1, 2014 at 3:20 pm #180327
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23355
    • ☆☆☆☆☆

    You’re welcome

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