OP note chp6. p.35 Exam preparation question-NCA

SSunny4y ago

Hi Sir, OP note chp6. p.35 Exam preparation question-NCA <Shea Co> Why the Depreciation of the Office builiding after impairment is 500? How is the 500 calculated? Thanks.

PP2-D2Tutor4y ago#1

It should be the reduced carrying value depreciated over the remaining useful life. Does that give the 500? Thanks

Llalalala4y ago#2

but there is a life of 10 years given to bde depreciated over 6 months. which gices us 700

PP2-D2Tutor4y ago#3

Ah! I think that there might be a mistake in the answer. I'll look at it further and update it. Thanks