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Flightline Question

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Flightline Question

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by AvatarP2-D2.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • August 21, 2024 at 1:38 pm #710115
    Avatarhananx123
    Participant
    • Topics: 1
    • Replies: 0
    • ☆

    As the aircraft was out of service for some weeks due to the accident, Flightline took the
    opportunity to upgrade its cabin facilities at a cost of $4.5 million. This did not increase the
    estimated remaining life of the cabin fittings, but the improved facilities enabled Flightline to
    substantially increase the air fares on this aircraft.

    What is the carrying amount of the cabin fittings as at 31 March 20X9?

    I understood how to do it and the Carrying value is 12000 (7500+4500) but why do we have to find the depreciation for that *6/18 if only carrying amount is asked

    August 22, 2024 at 7:28 pm #710199
    AvatarP2-D2
    Keymaster
    • Topics: 4
    • Replies: 7232
    • ☆☆☆☆☆

    Hi,

    Sorry but without the full information then I cannot help with your query, sorry.

    Given the numbers in the fraction then it is likely to do with the dates given in the question.

    Thanks

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    Posts
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