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investment property income

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › investment property income

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by P2-D2.
Viewing 2 posts - 1 through 2 (of 2 total)
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    Posts
  • April 28, 2021 at 7:13 pm #619106
    thapa7
    Participant
    • Topics: 5
    • Replies: 6
    • ☆

    hello sir
    in bbp september 2020 to june2021 practise kit, question number 296 , in investment property income , the book answer is (60000-20000) . what is that 20000 ? why have they deducted it from 60000?
    thankyou in advance

    April 29, 2021 at 9:01 pm #619225
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7171
    • ☆☆☆☆☆

    Is that not the original value of the IP and if it is now worth 60,000 then the increase in value is the 40,000 (i.e. 60,000 – 20,000).

    Thanks

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