Investment property lectureForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Investment property lectureThis topic has 3 replies, 2 voices, and was last updated 8 years ago by MikeLittle.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts December 24, 2016 at 11:02 am #364372 hemraj123MemberTopics: 110Replies: 188☆☆☆Dear sir,In the lecture, you mention that if an operating lease is commenced, the asset will be moved from the inventory to investment property.Why was the asset before the lease classified as inventory instead of non current asset? December 24, 2016 at 11:36 am #364374 MikeLittleKeymasterTopics: 27Replies: 23327☆☆☆☆☆Because not all cars / machines / cranes / ships / beds / desks / chairs etc (endless list omitted) are TNCAIf my business is buying and selling cranes then all the cranes that I have are my inventoryOK? December 24, 2016 at 12:14 pm #364378 hemraj123MemberTopics: 110Replies: 188☆☆☆Yes. Thank you sir 🙂 December 24, 2016 at 3:24 pm #364392 MikeLittleKeymasterTopics: 27Replies: 23327☆☆☆☆☆You’re welcomeAuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In