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Mini exercise 5 excess depr n pup

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Mini exercise 5 excess depr n pup

Viewing 3 posts - 1 through 3 (of 3 total)
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  • December 24, 2017 at 2:25 pm #424689
    babysnow88
    Participant
    • Topics: 13
    • Replies: 15
    • ☆

    Hi sir

    Q2
    Sir in S how did you get 100k -40k? I do not understand the 40k for 4yrs depr because question says the useful life is 9yrs and I got 100/9=11.11..
    And how did calc the figure of 8k for S and 9k for H for the excess depr part?

    Q3
    Depr 4m/2.5yr = 1.6 mil as calculated by me but the is 800k is answer. Pls help me to understand this.

    Thanks again Sir..

    December 24, 2017 at 2:58 pm #424703
    babysnow88
    Participant
    • Topics: 13
    • Replies: 15
    • ☆

    Q2 (solved)
    Just realised need to minus scrap value
    100-( 100k-10k)/9 × 4yrs= 60k
    Revised scrap value 20k
    Carrying value 60k 65k
    Scrap value (20k) ( 20)
    = 40k =45 profit 5
    (/)Remain life 5yrs 5yrs
    =8k =9k xs 1k

    Net pup= 5-1
    = 4
    Correct?

    December 24, 2017 at 3:12 pm #424706
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    “Q3
    Depr 4m/2.5yr = 1.6 mil as calculated by me but the is 800k is answer. Pls help me to understand this.”

    Between date of transfer and the year end is only 6 months

    OK?

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