Dear Professor,
Whether the initial deposit is refundable or non-refundable in both cases we capitalise the amount paid as ROUA?
thanks much!
Ask the Tutor ACCA SBR
initial measurement of ROUA
I don't know why you would pay a 'refundable' deposit unless it is a security deposit.
If the payment is to use the asset then it will be capitalised. If not it won't.
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