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ias 36 chapter 14 practice question 2

This topic has 3 replies, 2 voices, and was last updated 9 years ago by MikeLittle.

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March 6, 2016 at 11:07 am #303807
sabahat
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hi
ias 36 practice question 2
engine 2 value become 50000 after impairment and damaged engine becomes 10000 after impairment why total is 50000
March 6, 2016 at 11:10 am #303809
sabahat
Participant
- Topics: 15
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ias 36 chapter 14 mcq 3
why did not we less scrap value from NBV for depreciation
and for net selling price which fv sh0uld we take?
new asset cost or mv on arm length basis
March 6, 2016 at 5:58 pm #303861
MikeLittle
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The question asks for the value of the REMAINING engine
March 6, 2016 at 6:04 pm #303862
MikeLittle
Keymaster
- Topics: 27
- Replies: 23280
Hi, there is a misprint in the question of which I am already aware – the value $92,450 should have been $93,450
But thanks for pointing it out 🙂
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