Hi Guys,
If in a question there is land and buildings that need depreciating and they have separated land in brackets, do you minus land from the total then depreciate or depreciate land and buildings as one?
Cheers,
Leila
Ask the Tutor ACCA FR
Depreciation of Land and Buildings ...
Land doesn't depreciate! So separate land from buildings and then calculate depreciation on the building element alone
Ok?
Perfect! thanks for your help :-)
You're welcome
Sign in to reply to this topic.