Asset downpaymentForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Asset downpaymentThis topic has 4 replies, 2 voices, and was last updated 3 years ago by Stephen Widberg.Viewing 5 posts - 1 through 5 (of 5 total)AuthorPosts November 7, 2021 at 3:59 pm #640177 aadil1234MemberTopics: 75Replies: 104☆☆Sir hiw do we treat downpayment for asset, shohld we capitilize it as part of asset or record it as owner equity or investment??Please explain the reason if u can. Than you November 7, 2021 at 4:56 pm #640179 Stephen WidbergKeymasterTopics: 16Replies: 3411☆☆☆☆☆Deposit for asset not received – Prepayment Asset received – capitaliseNot sure which exam this refers to. November 7, 2021 at 6:18 pm #640182 aadil1234MemberTopics: 75Replies: 104☆☆Sir I saw this question on an Acca page but was jot able to figure that which kit it referred to. November 7, 2021 at 6:20 pm #640183 aadil1234MemberTopics: 75Replies: 104☆☆Sir another question of mine is that will Prepayment Asset received will be in current assets or fixed asset? November 8, 2021 at 1:23 pm #640225 Stephen WidbergKeymasterTopics: 16Replies: 3411☆☆☆☆☆I assume the asset would be physically received within 12 months – so presumably current asset.🙂AuthorPostsViewing 5 posts - 1 through 5 (of 5 total)The topic ‘Asset downpayment’ is closed to new replies.