[Rabia Faraz]

Hi,
Well this is from F1 Kaplan book practice questions from topic
discontinued operations IFRS 5. I was bit confused too about this question.
Thanks

[Rabia Faraz]

Hello, my question is:
At the reporting date an asset is identified as held for sale.at the reporting date the carrying value of asset was 150,000(original cost £200,000 two years ago).the assets has 10 year life and entity has a policy to depreciate using the straight line method.
what should depreciation be for year?

The answer is £15,000.how come this could be when asset should be depreciated on original cost before it held for sale.so I think it should be £ 20,000.
Thanks

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