[ramalivhana123]

I I’ve got 70% thanks 2open tuition

[ramalivhana123]

Compont approach
-alpha ltd acquires an aircraft at a cost of $2000 000.it is estimated that 45% of the cost is attributable to frame of the aircraft,which has an expected useful life of 20years .the remainder of the cost is attributable to the eengines.if the engines are replaced at the end of 4years at a cost of $1300 000.

Can you show me the journal?

And also the journal if engine were never identified as separate component. But the incurred cost to replace the engines at the end of 4years qualifies for recognition as an assets

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