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Anyone can help on F7 past year paper, 2011 December question 2 on keystone

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › Anyone can help on F7 past year paper, 2011 December question 2 on keystone

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by opentuition_team.
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  • August 28, 2015 at 2:15 pm #268947
    Lau
    Member
    • Topics: 19
    • Replies: 14
    • ☆

    According to the answers for the working on non-current asset, why is the self-constructed plant valued at $10m and why is the depreciation $1m? Is there any changes to the reporting standard for this?

    August 28, 2015 at 4:16 pm #268954
    opentuition_team
    Keymaster
    • Topics: 1475
    • Replies: 1409
    • ☆☆☆☆☆

    Did you watch free F7 lecture which deals with this question??

    https://opentuition.com/acca/f7/acca-f7-revision-kit/

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