20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2026 exams.
Get your discount code >>

Investment property

This topic has 1 reply, 2 voices, and was last updated 5 years ago by Stephen Widberg.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
November 8, 2020 at 5:12 pm #594459
grapes799
Member
- Topics: 19
- Replies: 7
If an entity buy an investment property at a price lower than market price, and the entity wishes to use fairvalue model then how the gain on purchase shown in accounts?
November 10, 2020 at 10:14 am #594580
Stephen Widberg
Keymaster
- Topics: 17
- Replies: 3444
Gain to P&L at the first SFP date. Lucky old entity!
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.