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Investment property

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Investment property

  • This topic has 0 replies, 1 voice, and was last updated 5 years ago by grapes799.
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  • November 8, 2020 at 10:45 am #594424
    grapes799
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    • Topics: 19
    • Replies: 7
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    If an entity purchase another entity whose only asset is investment propery.they purchase it at lower price than market and they wish to recognise it as fairvalue basis.How the gain on purchase is recorded in accounts?.is it added to the investment property or shown as gain on purchase in profit and loss ?

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