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IAS 41 – Agriculture

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IAS 41 – Agriculture

  • This topic has 5 replies, 3 voices, and was last updated 5 years ago by Stephen Widberg.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • January 28, 2020 at 2:35 pm #560097
    Anonymous
    Inactive
    • Topics: 1
    • Replies: 0
    • ☆

    In the example of Agriculture (Qn – Ted), why isnt the gain b/w 2 year old cows and 3 year old cows $550.25 x 1000?

    January 29, 2020 at 1:36 pm #560156
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3432
    • ☆☆☆☆☆

    I think it’s because a 2 year old cow will be 3 years old at the end of the year!

    February 21, 2020 at 2:08 am #562551
    alankang
    Participant
    • Topics: 8
    • Replies: 11
    • ☆

    Hi Sir,

    I am reading the answer on IAS 41and it did mentioned that “movement increase in FV of $ 170,100”.

    The question I want to ask is where can I get the figure of $1,480,000?

    Thanks.
    Alan

    February 23, 2020 at 6:45 pm #562840
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3432
    • ☆☆☆☆☆

    Aha

    Somehow over the years an error has crept in, for which we apologise. I will correct it in the next edition.

    You are quite correct – the increase should be 150,100 not 170,100

    February 24, 2020 at 1:36 am #562870
    alankang
    Participant
    • Topics: 8
    • Replies: 11
    • ☆

    Hi Sir,

    Thanks for your clarify.

    Regards,
    Alan

    February 24, 2020 at 7:13 am #562890
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3432
    • ☆☆☆☆☆

    My pleasure.

  • Author
    Posts
Viewing 6 posts - 1 through 6 (of 6 total)
  • The topic ‘IAS 41 – Agriculture’ is closed to new replies.

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