[yptheboss]

Hello, i also had this question. Do you remember what the artwork was? Was it a building or land or brand?? There was no determined use for same??

I personally think i messed up on this part. Not capitalising it as you stated was the correct answer imo.

[yptheboss]

Hello, i also had this question. Do you remember what the artwork was? Was it a building or land or brand??

I personally think i messed up on this part. Not capitalising it as you stated was the correct answer imo.

[yptheboss]

Sorry, I forgot one additional part:
Concerning part disposal of asset:
When applying the formula:
Cost * [ (proceeds/ (proceeds + Market Value of remaining part) ]

Does this cost only include the original cost of acquisition or does it also include only incidental cost of acquisition & enhancement?

[yptheboss]

Thank you Sir, your explanation for the Q2 was really helpful.

Concerning the Q1, the question was from Kaplan!
I got the workings but I could not sorta find a logic behind the calculation!

I successfully passed my F2 exam!

I will be seeking your help for F5 from now on!

Thanks once again!

[yptheboss]

Thanks!
With Kaplan, i am able to understand most things till now.
But the problem is that while i am doing the Bpp exam kit, i am coming through completely new terms like in F1, the hybrid structure, jobless structure and many more things which i don’t even see in Kaplan books, that’s why i am really confused which book to use!

What do you think, I should do? Maybe you could advice me
I can use Bpp also but given that i’ve also started with Kaplan, it could be difficult to change

DO you advice me to change from Kaplan to Bpp?

[yptheboss]

Thanks a lot, i really appreciate your words!

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