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Exam Prep. Question - Non Current Assets

AAayush5y ago
Hi, In the exam preparation question for NCA's on page 35 of the notes, I am able to make sense of all figures, but why is the depreciation after impairment @ 500? Kindly inform on how this 500 was calculated? (Solution on page 135 of the notes). Waiting to hear from you. Aayush Shah
P2-D2P2-D2Tutor5y ago#1
Hi Aayush, Welcome to the forum. I think that there is a slight error in the solution and it should be 700 and not 500. This would be the 14,000 over the remaining life of 10 years for 6 months. Thanks
AAayush5y ago#2
Hi, Yes that makes sense. Thank you so much. Kind regards, Aayush Shah
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