[nurjiwa]

Sorry, but I dont really understand your answer. Can you clarify a bit more ?

[nurjiwa]

Hi,
May I know why in IFRS 13, the “new build value less obsolescence” cannot be used ? Does “new build value less obsolescence” meant “cost – depreciation” ?

[nurjiwa]

Hi,
May I know the double entries for 20X4 and 20X5 as the amount of liabilities and expenses are different because based on the answer sheet, what I understand in 20X4, the double entries would be DR expenses $926250, CR liabilities $1,567,500 which is not balance. Can you clarify my doubt ?

[nurjiwa]

Hi,
Why in calculating the cash paid to employees we need to use the intrinsic value of $10.50 instead of fair value of $12 ?

[nurjiwa]

Hi, what means by “Royan cannot operate the oil without incurring an obligation to pay dismantling costs at the end of ten years, the expenditure also enables it to acquire economic benefits . Therefore, Royan should recognise an asset of $105m” ?

[Author]

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