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IAS 38

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › IAS 38

  • This topic has 0 replies, 1 voice, and was last updated 2 years ago by maylynn.
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  • November 5, 2019 at 5:51 am #551576
    maylynn
    • Topics: 30
    • Replies: 34
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    Hello sir please
    1. Case A was started on 1.1.18 and met criteria on 31.8.18.

    2.Case B to investigate the properties of chemical compound.

    3.Case C development project completed on 30.6.18.Related cost in SOFP at opening were $290000.production & sale of new product commenced 1 sep and expected to last 36 months.

    Cost for the year 31.12.18
    A $34000
    B cost to 31 aug $ 78870
    B cost from 31 aug $ 27800
    C cost to 30 june $ 19800

    What amount is total expenses to SOPL?
    please help me sir ,I was confusing in case B & C.
    Hoping …

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