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

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › OP note chp6. p.35 Exam preparation question-NCA

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  • September 6, 2021 at 7:35 am #634528
    brillianti1013
    Member
    • Topics: 12
    • Replies: 3
    • ☆

    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.

    September 8, 2021 at 7:45 pm #634975
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7142
    • ☆☆☆☆☆

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

    Thanks

    October 4, 2021 at 7:16 am #636942
    losercase
    Member
    • Topics: 20
    • Replies: 37
    • ☆☆

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

    October 6, 2021 at 8:25 pm #637160
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7142
    • ☆☆☆☆☆

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

    Thanks

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